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Self employed
Thank you so much for answering my question!
So right now it is just me, and I am making about $900 a month(some months being lower), without subtracting business expenses from that month.
I know the threshold for quarterly taxes is $1000 so I havnt been doing quarterly, Ive only been doing the yearly taxes. But during the income taxes that I do with TurboTax which i file as a Self employed person, I am not sure if that are taking the Self Employment tax out of that? If that makes sense? If not how would I go about paying it and would it be due when I do my yearly taxes?
also I am in Texas if thats helpful 🙂
‎August 30, 2023
11:52 AM