Got laid off from my W-2 job last year, was unemployed January through middle of April this year. Got a new job in the middle of April, but it's a 1099 contract position which means I now have to pay estimated quarterly taxes for both Federal and State (CA). I think I understand how to pay estimated quarterly taxes going forward, my question is - what do I do this year? I've already missed payment for Q1 since I didn't have a job back then and had no idea that the next one would be a 1099, not W2. Do I just calculate my estimated taxes for the remainder of the year, divide them by 3 and pay the next 3 quarters? What do I do at tax time so I don't get a penalty for not paying Q1 taxes at all?
