Hi,
I was recently laid off in May, but I found work mid June as a contractor for two separate companies. My contracts ends on September 15 for both companies. I also start full time with a new company starting September 18. I have a few questions about what I need to do for my quarterly taxes. Also, my companies didn't take out the taxes out of my paycheck. To be safe I put away 20% from each pay check.
- How do I pay my quarterly taxes?
- What forms do I need to fill out?
- Will I need to fill out a form for each company?
- How can I use the tax calculator if the calculator is estimating taxes for 2022?
- How do I know how much I will be paying in quarterly taxes?
- Once I pay these taxes will I have to pay them next year when I do my 2023 taxes?
Thank you for your help.
