So first things first, file the tax return(s) today. This will mitigate any penalties for late filing and late payment if the payment you made did not fully cover your tax liability.
So use this tool: Track self-employed expenses year-round with TurboTax Expense Monitor
If this is the only income for the year, which is not even accounting for expenses, then your total income is approximately $3,200. With the standard deduction if you are single being $14,600 you would only have self-employment tax liability. Self-Employment ("SE") tax is 15.3% of 92.35% of SE net income.
You should consider making estimated tax payments, but your total liability for the year is less then $1,000, so it is not absolutely necessary (Again this assumes this is your only income).
Thank you so much for your question
Be well and safe!
Marc T.
Turbo Tax Expert
27 Years of Experience Helping Clients
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