I just recently found out that I have to file a 1099 for my new job. And I am so confused on what I am going to have to pay and what would be considered as a deductible.
I read that I'll have to pay 15.3% or something in that range for SS/Medicare, I get that. But how do I know what I'll be paying in federal? And what about state and local?
Also, what kind of taxes would be considered a deductible? I get paid gas mileage, so how would I figure that? How many total miles I drive, or how much gas I put in my car? And would other stuff to maintain my vehicle be a deductible?
I'm just so confused. I've never had to manage my own faxes and pay them on my own. So if anyone knows of a good website that explains all of that, I'd appreciate it. I went to the IRS website but there's just so much there.
2006-12-23
08:24:01
·
6 answers
·
asked by
Anonymous