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June 1, 2019
Question

How does prepaying for taxes work? The current job I'm at doesn't withhold federal or state taxes and I don't want to end up owing a ton of a money at the end of the year

  • June 1, 2019
  • 1 reply
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1 reply

fanfare
Employee
June 1, 2019

your employer is required to withhold tax if you submit a W-4

Otherwise , make quarterly Estimated Tax payments to the IRS yourself.

fanfare
Employee
June 1, 2019
If you are a 1099-MISC contractor,you must make the estimated tax payments yourself.