Alen
Level 3

Get your taxes done using TurboTax

Ah alright! That clears up much of the confusion I was having with it all. When you say I need to "keep excellent records of the income", do you just mean I need to make sure I have that 1099 saved and stored somewhere safe? 

 

I will also review the IRS Publication 1040-ES to make sure I understand the quarterly tax payments. Thank you very much for that!