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If I have a regular W-2 job and I also do side gigs (Uber/DoorDash) do I need to pay quarterly taxes? Do you need a separate Sched C for each company and person?
My husband and I both take extra money out for Federal taxes on our W-2 jobs and last year we got a refund. This year we plan on upping our side hustles and are concerned about if we need to do quarterly taxes as well as if we are married filing jointly, do we need to do two Schedule C's (one for each of us) for the Uber/DoorDash or if we can combine all our various 1099 work into one Schedule C. This is our first year with both of us doing these side hustles. Previously, we only had one of us doing 1099 work, so one Schedule C for the one job.
May 24, 2023
12:08 PM