Who qualifies as self-employed individuals?

Self-employed individuals are defined as those who work for themselves rather than for an employer. This includes freelancers and individuals who operate their own businesses. Self-employment implies a level of independence in managing one’s work and finances, as these individuals are responsible for their own business operations, profits, and taxes.

Freelancers typically provide services or products independently, allowing them to set their own hours and choose their clients. Similarly, individuals running their own businesses are often sole proprietors, partnerships, or members of limited liability companies (LLCs). Both groups generate income directly from their efforts without receiving wages or salaries from an employer.

The other options listed do not fit this definition. Employees of a corporation work for a specific employer and are compensated through wages, thus classifying them as employees rather than self-employed. Workers under an employment contract also fall into the category of employees, as they are typically bound by an agreement to perform work for an employer. Lastly, individuals working for a government agency are public sector employees, which again means they receive a paycheck from an employer rather than generating independent income. Therefore, option B correctly identifies the group that qualifies as self-employed.