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Independent contractor

Hello!
I just got a job working as a receptionist at an office. My boss told me that she does not do W-2s and that I will be an independent contractor. Do I need to fill any forms out now or can I deal with all of that during the next tax year.

Thank you for your help!
Much appreciated,
Autumn
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1 Best answer

Accepted Solutions
JustinC
New Member

Independent contractor

No you don't need to fill out any forms now, you can  deal with this next year. However you will want to keep in mind that your taxes will not be taken from your checks automatically. So you will likely end up owning money next year.

While you are not required to fill this out you may want to look at it and consider it. It's a quarterly payment form. Similar to how money is taken out of standard employments checks. The difference is you pay it in manually.

https://www.irs.gov/pub/irs-pdf/f1040es.pdf


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1 Reply
JustinC
New Member

Independent contractor

No you don't need to fill out any forms now, you can  deal with this next year. However you will want to keep in mind that your taxes will not be taken from your checks automatically. So you will likely end up owning money next year.

While you are not required to fill this out you may want to look at it and consider it. It's a quarterly payment form. Similar to how money is taken out of standard employments checks. The difference is you pay it in manually.

https://www.irs.gov/pub/irs-pdf/f1040es.pdf


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