- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Are you going to receive a W-2 from the employer? Or are you working as an independent contractor? Is any Social Security or Medicare being withheld from your paychecks? Better find out now why no tax is being withheld. If you are working as an independent contractor then you are going to have to pay self-employment tax for Social Security and Medicare as well as ordinary income tax. You need to understand what kind of tax document you will be getting in January. If you are really an employee then you can fill out a W-4 and give it to the employer so they will withhold tax. If you are an independent contractor then it is all up to you to plan, save and expect to pay at tax time.
https://ttlc.intuit.com/questions/2584365-am-i-an-employee-or-an-independent-contractor
https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922
https://ttlc.intuit.com/questions/2902389-why-am-i-paying-self-employment-tax
https://ttlc.intuit.com/questions/1901340-where-do-i-enter-schedule-c
https://ttlc.intuit.com/questions/3398950-what-self-employed-expenses-can-i-deduct
https://ttlc.intuit.com/questions/1901110-do-i-need-to-make-estimated-tax-payments-to-the-irs
https://turbotax.intuit.com/tax-tools/calculators/self-employed/
https://www.irs.gov/individuals/tax-withholding-estimator
https://www.irs.gov/pub/irs-pdf/fw4.pdf