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I am independent contractor and my spouse is W2. Does my estimated tax payment include his income?
Hi,
I never had income before 2021 and now I am an independent contractor (1990) and my husband is a W2 employee. I read that I need to pay quarterly estimated tax. I have 3 questions:
1. Should I include his W2 Income in my estimated taxes since we are going to fill it jointly at the end of the year?
2. I did not file any quarterly taxes but I always set aside my income for annual tax. Will I get a penalty?
3. For those in the same condition as me, how did you do it?
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‎December 30, 2021
4:49 PM