I work year around with a W2, but I also work year around and recieve a 1099. Where and how do I pay quarterly for my 1099? For the past 3 years I've been paying my 1099 taxes once a year at the same time as my W2.
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1 Replies
John-H2021
Employee Tax Expert
Aug 28, 2024 9:49:52 AM
Hello,
You can pay your estimated taxes at the end of the year like you have been doing but you may have a penalty for not making them quarterly it depend on your balance due amount.
Here is a good article that explains who should make estimated payments and how to make them.