Employee Tax Expert
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Hi@KnotMoand thanks for the question! So if you are a 1099 NEC contract employee, you are a self employed individual in the eyes of the IRS. As long as you are ...
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Hi@aishalianeand thanks for your question! Fellowships can be tricky. If part of the amount goes to pay for educational expenses then that part only is not taxa...
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Hi@mceasleyand thanks for your question! The IRS calls it a "penalty" for not paying estimated taxes - however it is different than other tax penalties. It's re...
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Hi@Mikayla Bughand thanks for the question! Yes you will want to start estimated payments. Q3 payments are due September 15 and Q4 payments are due January 15. ...
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Hi@ashleywcand thanks for your question! Most likely your husband's W2 income will have withholdings. You do not need to include that as part of your quarterly ...
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