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I have started private therapy practice and get a 1099NEC. Do I need to pay quarterly fed tax & self-emp taxes (medicate+social sec) at irs.gov/payments/direct-pay ?
Or, can I just file taxes annually with TurboTax? If i have to pay fed + inc tax quarterly how does TurboTax know about this when I file annual taxes next year?
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‎February 15, 2023
11:12 AM