topic Re: Contracting With Gig Work in Tax law changes

Contracting With Gig Work

CherylC2 — Tue, 10 Mar 2026 06:01:02 GMT

Hello,

If okay, I have a few questions about contracting with gigs:

I am new at contracting and almost at the $400 mark where I plan to make above that in the near future with more contracting; do I start estimating after I make $400 or do I include anything before that, too?
How do I estimate the quarterly tax if the contractor job(s) I have fluctuates in the amount of available work- sometimes there might not be much or anything?
Does the NYS tax work the same way as the federal for quarterly estimates?
I was trying to find a good estimate calculator for 2022 and couldn't yet find it on Turbo Tax-only saw what I could save, but I would like to calculate the estimates; where can I find an estimation calculator for 2022?

Thanks!

VincentL — Wed, 28 Sep 2022 17:40:07 GMT

Please visit the following websites for more information.

You will be required to make estimated tax payments to New York State if you expect to owe at least $300 of either New York State or NYC tax.

CherylC2 — Wed, 28 Sep 2022 18:01:57 GMT

Thank you for your time, Vincent. 🙂