RAHOWARD
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So I should really be having $145 for income tax plus an additional $73 (7.6% of $25k divided over 26 checks) as well for the other taxes from each paycheck? So...
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Cool - thankfully I live in Florida where there is no state income tax 🙂
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The reason I came up with the extra $200 in withholding from my regular job was:15% of $25k in freelance = $3750 in probable taxes$3750 divided by 26 paychecks ...
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The reason I came up with the extra $200 in withholding from my regular job was:15% of $25k in freelance = $3750 in probable taxes$3750 divided by 26 paychecks ...
Activity Feed for RAHOWARD
- Posted Re: Intermittent Freelance work tax coming out of regular full time job taxes on Self employed. August 30, 2023 12:13 PM
- Posted Re: Paying Taxes While Self Employed on Self employed. August 30, 2023 11:53 AM
- Cheered Re: Paying Taxes While Self Employed for VolvoGirl. August 30, 2023 11:52 AM
- Posted Re: Intermittent Freelance work tax coming out of regular full time job taxes on Self employed. August 30, 2023 11:03 AM
- Posted Re: Paying Taxes While Self Employed on Self employed. August 30, 2023 10:59 AM
- Got Cheered for Intermittent Freelance work tax coming out of regular full time job taxes. August 30, 2023 10:44 AM
- Posted Intermittent Freelance work tax coming out of regular full time job taxes on Self employed. August 30, 2023 10:42 AM
- Tagged Intermittent Freelance work tax coming out of regular full time job taxes on Self employed. August 30, 2023 10:42 AM