I tutor online independently and on an online marketplace. I've done this for a few years, never really understanding how taxes work for someone like me. I was told that if I earned less than $20k/yr, I didn't have to file or pay taxes. I have never received any 1099 forms from any of the other online marketplaces for which I've tutored. How does this label me, tax-wise?
For 2022, I netted about $5,000. I file jointly with my husband who has a salaried employment in a company that withdraws his taxes for him. This means I owed $765 in taxes ($5,000 x 15.3% = $765), right? We both owed and filed jointly, so I couldn't know how much came from me and how much came from him.
Living in Florida, I am aware there is no State Tax.
If my independent tutoring continues along this path (grossing around $10k/year), does this mean I could pay my taxes once by April 15, or should I pay my taxes quarterly? If I need to pay quarterly, do I just pay 15.3% of whatever I made that quarter, no matter how much my personal income fluctuates (it's not fixed at all), or should it be a slightly higher amount to cover for the "leaner" quarters?
Thank you for your time and attention.
