LoriLeighEA
Employee Tax Expert

Business & farm

Thanks for joining us today, aelfa!

 

Congrats on going Independent. Yes, it is important to estimate what your taxes will be at the end of the year. Your best course of action is to use a tax calculator - we have a great one. Put in all your projected income (including the W2 income for those 7 months), and the estimated interest etc. Include any tax payments already made including that withholding. This will give you a clearer picture of where you stand: 

TaxCaster Tax Calculator