Hello
Thank you for your questions.
First, the percentage of your contractor pay depends on your net income. Since you are self-employed individual you are required to pay self-employment tax, which is your Social Security and Medicare as employee and employer since you are your own boss. The rate is 15.3% (12.4% Social Security and 2.9% of Medicare) for federal income tax. Regarding the state you can find more information at https://turbotax.intuit.com/tax-tips/state-taxes/what-are-state-income-taxes/L4O5May37 and it would be smart to make payments too.
Second, it would be smart if you pay quarterly so you do not have to pay penalties. The following information can help you with your quarterly taxes https://turbotax.intuit.com/tax-tips/self-employment-taxes/a-guide-to-paying-quarterly-taxes/L6p8C53....
You can use the Tax calculator to estimate your taxes at https://turbotax.intuit.com/tax-tools/
Thank you so much and I hope this answered your question
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