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Health insurance isn't an issue, my SO provides our benefits. I have to file taxes quarterly?
by hacknat 12y ago
Health insurance isn't an issue, my SO provides our benefits. I have to file taxes quarterly?
- loumf 12y agoIf you were getting regular paychecks, your company would withhold taxes and give to the government on your behalf -- on April 15, you true up against those estimates. As a contractor, you get the full amount with no taxes withheld (but you still owe tax). Pick a reasonable number that you think you owe the government and make an estimated tax payment (to your state too, if you live in a state with income tax). It's simple paperwork, not a full tax filing. You can do it online.