Im working as full time employee on W2, but I also do independent contract work and receive payment on 1099. This amount will be close to $40K for 2007 and do I need to pay esitmated tax for every quarter or can I choose to pay the tax at the year end, before Decemeber 31. Will I get penalized? This year W2 tax which I pay through my current employer will be less than last year.
2007-09-21
12:47:44
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4 answers
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asked by
Dev
1
in
Business & Finance
➔ Taxes
➔ United States
Can just pay two bulk payments, one now and one around Decemeber using https://www.eftps.gov/eftps/
2007-09-21
13:00:31 ·
update #1