Attn: LeticiaF1,
Thank you for great help, appreciate it. So, on form SE line 2 and schedule C line 31 will both amounts will be the same $ amount?
OK for year 2023 I had side income which was net $ 1645 for SE enough to earn my quarter as $ 1640 was required to earn a quarter but SS did not do that, when I ask SSA they said, you are still short of your last quarter. This confuses me, why what happened? That's why I wanted to clarify. Any more thoughts on this?
Another question: this is the first time I owe to IRS and for 2025 I may not owe but to expect a refund for 2025 tax year. For 2024 I will pay all, now do I still make estimated quarterly payments to avoid any tax penalty or use the "Harbour Safe" method (which is pay it all for the current year tax)
Thank you so much,
Casey
