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davidkaz73
New Member

Self employment tax. Is this taken out of my return or is this something I should have paid throughout the year?

 
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tygrtchr
Level 7

Self employment tax. Is this taken out of my return or is this something I should have paid throughout the year?

Your self-employement tax for the year will be figured and paid when you file your return.  You must send in estimated payments quarterly in order to avoid an underpayment penalty at the end of the year. 

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tygrtchr
Level 7

Self employment tax. Is this taken out of my return or is this something I should have paid throughout the year?

Your self-employement tax for the year will be figured and paid when you file your return.  You must send in estimated payments quarterly in order to avoid an underpayment penalty at the end of the year. 

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