I usually file with W2's, but will have 1099's this year. Do I set the money aside and pay when I file? Or do i pay the estimated taxes as I go?

[Anonymous]

pay as you go.  not only will you owe income taxes but also self-employment taxes.   generally estimates for 2019 need to be paid 1.4 on each of these dates 4/16, 6/15, 9/15 and 1/15/2020

if you had no income the first quarter ending 3/31/19 than 50% would be due 6/15 and and 25% each 9/15 and 1/15/2020

if no income thru 5/311/19 then 75% 9/15 and 25% 1/15/2020

failure to timely  pay estimated taxes will result in penalties

since you have no withholding, to avoid penalties  your estimated tax payments must be 90% of 2019 tax or 100% (sometimes 110%)  of 2018 tax,  whichever is smaller.  

TT has a website Taxcaster for estimating 2019 taxes including self employment tax 

[wishchicky]

Ug im sorry, i will also have 1099 this year, along with W2.  How do i know how much to pay to state and how much to federal? Is it a percentage?

[xmasbaby0]

@wishchicky 

If you receive a 1099Misc for self-employment income, you will pay 15.3% self-employment tax for Social Security and Medicare, as well as ordinary federal and state tax.

https://ttlc.intuit.com/questions/2902389-why-am-i-paying-self-employment-tax

https://ttlc.intuit.com/questions/2893577-does-a-1099-misc-mean-i-m-self-employed

https://ttlc.intuit.com/questions/2903027-how-do-i-report-income-from-self-employment

https://ttlc.intuit.com/questions/3398950-what-self-employed-expenses-can-i-deduct

https://ttlc.intuit.com/questions/1901340-where-do-i-enter-schedule-c

https://ttlc.intuit.com/questions/1901110-do-i-need-to-make-estimated-tax-payments-to-the-irs