I'm currently residing in Nevada. My employer gave me w9 and I worked as a contractor for 2 months.I earned about $4000 or less during those 2 months.I am now their regular employee and signed a W4. My question is, do I need to pay quarterly taxes for 2 months of being a contractor?
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For 2019, you have a couple of choices:
1) You could make a quarterly tax payment for the 1st quarter of 2019 that would be due April 15, 2019 for taxes on the $4,000 of income you received for the first two months of 2019. Then, since you are now a W-2 employee, you would not need to make additional quarterly payments for the remainder of the year. See the link below for how to generate 1040ES forms for 2019 in TurboTax.
For 2019, you have a couple of choices:
1) You could make a quarterly tax payment for the 1st quarter of 2019 that would be due April 15, 2019 for taxes on the $4,000 of income you received for the first two months of 2019. Then, since you are now a W-2 employee, you would not need to make additional quarterly payments for the remainder of the year. See the link below for how to generate 1040ES forms for 2019 in TurboTax.
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