What is the name of your state? Florida
Hi,
I work as an independent contractor and have registered a business name which is a sole proprietorship. I am a contractor at this time and have been working for 3 months. My employer set me up this way for reasons unknown.
Based on this, could you please answer the following questions:
1) How do I calculate the taxes that I owe?
2) Am I still able to claim my child as a tax credit?
3) When 'MUST" I pay my taxes? Can I pay them all by April 15th? "MUST" I pay them quarterly? May I pay as I go?
I have read all sorts of conflicting things. I don't want any problems.
Thanks
Hi,
I work as an independent contractor and have registered a business name which is a sole proprietorship. I am a contractor at this time and have been working for 3 months. My employer set me up this way for reasons unknown.
Based on this, could you please answer the following questions:
1) How do I calculate the taxes that I owe?
2) Am I still able to claim my child as a tax credit?
3) When 'MUST" I pay my taxes? Can I pay them all by April 15th? "MUST" I pay them quarterly? May I pay as I go?
I have read all sorts of conflicting things. I don't want any problems.
Thanks