Independent Contractor

daphneb0226 — Tue, 10 Mar 2026 05:41:12 GMT

Earlier this year, I was hired as an Independent Contractor for a Remote Medical Coding Company, so I will be receiving a 1099 at the end of the year. How do I figure what my taxes will be so that I can put aside that amount each month when I get paid? Also, do I need to be submitted quarterly payments to the IRS already? I've read that you can be penalized if you don't.

Re: Independent Contractor

EricE_CPA — Wed, 31 Aug 2022 21:26:48 GMT

Use TurboTax TaxCaster Calculator (free tool to calculate what will be your expected tax liability)

TaxCaster

topic Independent Contractor in Self employed

Independent Contractor

Re: Independent Contractor