Content Smart bookkeeping. Powered by professionals. Backed by technology. Join over 140,000 fellow entrepreneurs who receive expert advice for their small business finances The W-9 Form Independent contractor classification Setting up a nonemployee compensation pay type payroll item Before filling out your SE, you will calculate the total of your self-employment income/loss with the Schedule C form of Form 1040 on line 31. You will get paid for the projects you work on, do taxes …