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Paying Estimated Taxes
I'm currently working as both an independent contractor, and working a part-time wage job.
For my contractor work, I've been paying the quarterly 15.3% SE taxes to both NY state (as a NY resident) and the US govt... with the understanding that I will later be able to deduct half of these SE taxes on my regular tax return.
My question is: am I doing this correctly?
‎October 27, 2021
10:08 AM