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Replying to Avatar Mike Dilger ☑️

It appears though that if your activity benefits the general public like open source software, and all funds are used to pay running costs and not distributed as profits, then you are engaged in a "not-for-profit" activity, you don't need to file Schedule S or Schecule SE and you don't need to pay self-employment tax. That's how I'm reading it (so much reading! I hate taxes).

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It's Moro! 1y ago

my take with taxes as a self employed person is: once you read it the way you want it to read, run with it and youll prolly never get audited anyways 🤙

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