Hello,
I have a W-2 full-time job but also earn side income through teaching aquatics training courses for various city pools. With this side gig I have to fill out 1099s. I have a few questions because of this:
1. Do I need to pay quarterly estimated taxes? How much and when?
2. What should I be tracking for deductions?
3. Should I open a separate bank account for my side gig?
4. Would forming an LLC help me save on taxes?
Thank you!
