@k_coley Good afternoon. Congratulations on your new status as an independent contractor. Taxes are generally expected to paid "as you go" hence the availability of paying via quarterly estimates using IRS form 1040-ES. Alternatively, you could adjust your husband's withholding to cover the increase in joint tax liability resulting from your income as an independent contractor. You would have to calculate what you project to be your NET income from self employment income to calculate the tax that may be due on it. You will have to pay both Self Employment tax (paying into social security and Medicare) as well as income tax on your net income from self employment (net earnings as an independent contractor). Here is a great article about calculating and paying estimated tax . There are great tools in TurboTax to help you calculate the estimates.
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