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Went from W2 employee to 1099 Mid Year
I was a W2 employee up until June 1st. Since then, I have been on contract (1099) month to month. Will I get a penalty for not paying Q1 & Q2 estimates? I only owed $100 on my 2022 taxes. Since it's month to month, I'm not sure how long I'll be working there. Can I easily adjust my Q4 payment if I move back to a W2 employee?
‎August 30, 2023
9:16 AM