Hey WCI colleagues,
I am moonlighting in a relatively significant way for the first time in 2017, and have never come across the need to file taxes more than just once at the yearly tax deadline. In 2017, I have already made $6500, and will probably make another $5000 before the year ends. The company pays me without withholding any money for taxes, and provides me with a 1099misc form during tax season. My question is, do I need to be sending in estimate tax payments on a quarterly basis at this time? If so, how do I do that? Thanks everyone, I appreciate your input.
Dan
I am moonlighting in a relatively significant way for the first time in 2017, and have never come across the need to file taxes more than just once at the yearly tax deadline. In 2017, I have already made $6500, and will probably make another $5000 before the year ends. The company pays me without withholding any money for taxes, and provides me with a 1099misc form during tax season. My question is, do I need to be sending in estimate tax payments on a quarterly basis at this time? If so, how do I do that? Thanks everyone, I appreciate your input.
Dan
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