Notaries get a rare break — fees for performing notarial acts are exempt from self-employment tax, even though the income still appears on your return.
Notaries report their earnings on Schedule C, but fees received specifically for notarial acts are backed out of the self-employment tax calculation on Schedule SE.
Keeping notary-act fees separate from any non-notary services you provide is important, because only the true notarial fees get the exemption.
Income you’ll report on: 1099-NEC.
Most people in this line of work leave money on the table. Here's what we make sure to capture:
If you earn as an independent contractor, yes — self-employment tax is 15.3% (Social Security and Medicare) on your net profit, on top of regular income tax. You deduct half of it, and every business deduction lowers what you owe. We handle the calculation on Schedule SE.
Common write-offs include notary commission, bond, and renewal fees, notary stamp, seal, and journal, errors and omissions insurance, vehicle costs for mobile notary travel, plus a share of your phone and any home-office use. We go through your year line by line so nothing legitimate gets missed.
If you expect to owe $1,000 or more for the year, the IRS generally wants quarterly estimated payments to avoid an underpayment penalty. We calculate them so next April isn't a surprise.
Yes. Your income is taxable whether or not a client or platform sent a 1099. We report it correctly and offset it with every deduction you qualify for.
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