Posts Tagged ‘April’

Do I have to pay a self-employment tax throughout the year or just when I do the rest of my taxes?

disappearing asked: I just got a freelance editing job, and am told I’ll have to fill out a 1099. I’ve been trying to read up on self-employment tax, but can’t seem to get a straight answer. Do I have to send money into the government throughout the year, or can I just save [...]

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When making estimated tax payments to the IRS, do I need to include an amount to cover self-employment taxes?

Richard M asked: I am a self-employed consultant as of this year, so I am responsible for both income and self-employment taxes. If I cover all income taxes due with estimated taxes during the year, but do not include funds to cover SE taxes until I file in 2009, will it appear on my filing [...]

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