Hello Truthineyes,
So 1099-NEC reports your Non-employee compensation. You have two options to pay tax on this income:
- You can pay the Quarterly Estimated Tax Payment. The next one is due 1/15/2024, or
- You can update your W-4 at your regular job and have them take out additional withholding to cover for this additional income so that you don't have to make this Quarterly Estimated Tax Payment.
For the federal tax, you can just go to irs.gov, Make a Payment, and put in your details... you may need to create an account on the IRS website, if you don't already have one.
For the state tax, check you state tax website.
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