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Self employed
Good Morning Stephanie,
I am not able to give you any specific numbers because I am not sure how to calculate what my Independent Contractor pay will be come the end of the year.
I do know what my SSDI is and that I will fall under the 85% taxable guidelines as well as how much I receive from SSDI and how much will be withheld.
I also have a pretty good idea of what my husbands earnings will be and his taxes taken out as well.
I am not really sure how to calculate everything we might owe without having ALL the information from my self employment. I know to date is about 5500 dollars, but that does not include any write off deductions. I do have receipts for everything pertaining to that.
I believe Turbo has something where I can try and plug in some numbers to see.