 TITLE: How Are Freelancers Taxed? CONTENT: Getting Ready for Tax Time\n--------------------------\nThe IRS offers these suggestions to help you prepare for filing your 2020 tax return by the April 15, 2021, deadline:\n*   **Mark January 15, 2021, on your calendar.** This is the final deadline for making the last quarterly estimated tax payment for the 2020 tax year.\n*   **Start gathering paperwork.** Get a headstart on organizing your tax records for the 2020 tax year.\n*   **Be aware of the recovery rebate credit.** You may qualify for this credit if you didn't receive a pandemic stimulus check in 2020 or if the payments you received were for less than the full amount.\n*   **Consider filing electronically.** If you're going to get a refund, file your return electronically and opt for direct deposit to receive your money faster.\n*   **Use the free tax-filing feature.** If your income for 2020 is $72,000 or under, you can file your federal tax return at no cost through the IRS File Free Program. END