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How to pay SS,Medicare,Federal/State/Local income tax as independent contractor
Hi,
I will work for a company two days per week as independent contractor, how do I pay following taxes and how often should I do that? Does Turbo Tax provide related features? I used to file tax jointly with my wife by using W-2 forms, how to report my wage information in Turbo Tax since I won't have W-2 form anymore (my wife still does)? Will following taxes be all that I need to care about?
1.Social Security
2.Medicare
3.Federal income tax
4.State Tax
5.Local Tax
Thanks.
‎August 13, 2021
7:50 AM