[ad_1] The best way to pay unbiased contractor taxes Now that you simply perceive a bit extra about how unbiased contractor taxes work, let’s get all the way down to the tactical stuff. Right here’s precisely the way to pay unbiased contractor taxes. Step 1: Estimate your quarterly tax legal responsibility First, it’s important to make an informed guess about how a lot cash you’ll make (and subsequently how a lot cash you’ll owe) in any given quarter. The IRS recommends utilizing kind 1040-ES however you can even use a quarterly tax calculator to estimate. Keep in mind, this quantity doesn’t must be excellent.…
