my husband was a contracter for time Warner cable this tax year, how does he file taxes?

Answer 1

If he was a contractor, he probably got a 1099 showing his income. That will go on a schedule C or C-EZ, along with any associated eligible expenses that can be deducted. He'll use a schedule SE to calculate his self-employment tax (social security and medicare) which is 15.3%. The numbers from those two schedules will transfer to a 1040 along with any other income you have between you if you're filing a joint return. Your income tax will then be calculated on the form 1040.

He should have been making quarterly estimated payments through the year if no taxes were being deducted from his pay, and normally if he was a contractor nothing would have been withheld. If he didn't make quarterly payments, expect a big tax bill, along with penalties for underwithholding.