Quick question: I wanted to know if you can help with my estimated tax payment due on April 15.
This is my first year getting an 1099. I will earn aprox $12000, although up to this date I have earned $1350, with another $1200 coming in on April 15.
However, I am employed an earned $300,000. I know I don't need to pay Social Security tax portion, but I don't know how much i need to send as a payment to the IRS April 15th?
This is my first year getting an 1099. I will earn aprox $12000, although up to this date I have earned $1350, with another $1200 coming in on April 15.
However, I am employed an earned $300,000. I know I don't need to pay Social Security tax portion, but I don't know how much i need to send as a payment to the IRS April 15th?