TAX DAY (U.S.)
TAX DAY (U.S.)
Out of context: Reply #33
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- joyride0
yeah, what's with freelancers having issues with tax.
maybe I don't get around enough though...
Jaline
(Apr 17 07, 10:41)Most freelancers don't realize by doing that, you'll need to pay a self employment tax, don't estimate and pay the estimates quarterly, and don't take advantage of a lot of write-offs that are available. So when it comes time for taxes, you need to pay it all at once. Save at least 30% of everycheck for taxes. 35% to be safe. if it's less, go shopping