Lg901
Returning Member

Independent contractor travel agent

Hi! I’m so thankful you are having this discussion. I have a question regarding my position. I was always a salary employee up until May of 2020. The travel agency at work for gave us the option to be independent contractors or resign. I chose independent contractor and my business is thriving. However, I want to do this the right way at the end of the year when it comes tax time! I get paid my commission once a month. How much of that should I be putting back for taxes?