tnoonz
New Member

Just Started Working for Shipt what taxes do i need to withhold (Virginia)

Hi everyone! I just started working with Shipt as an independent contractor and I cant really find information on what taxes I need to withhold. I do know to save between 25% - 30% for Federal and Self employment tax. But do I do I pay quarterly or just when I receive the 1099? Then state tax. How does this work? I live in Virginia and I am having trouble finding information on how much I save, how I pay, how to report it and how often. Any help will will help. Thank you!