New 1099 Contractor / retiree

[xxshawxx]

As a new 1099 contractor am I taxed at the 15.3% self employed rate or at my current yearly W2 filing status rate 22% before I began 1099 work, or both together? I need to know so I can make quarterly payments.

[xmasbaby0]

Self-employment tax is in addition to ordinary income tax.  When you are self-employed you pay self-employment tax for Social Security and Medicare, since that is not being withheld from your pay by an employer.

https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/...

https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922

https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-self-empl...

If you live in a state with a state income tax, you might need to make estimated payments to your state.

https://turbotax.intuit.com/tax-tips/small-business-taxes/the-home-office-deduction/L1RZyYxzv

https://turbotax.intuit.com/tax-tools/calculators/self-employed/

https://ttlc.intuit.com/community/business-taxes/discussion/self-employed-don-t-miss-these-tax-moves...

https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-schedule-...