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re: I get paid as a contractor. Is their any software I can use for calculation of taxes.

Posted on 3/18/23 at 7:21 pm to
Posted by LemmyLives
Texas
Member since Mar 2019
6546 posts
Posted on 3/18/23 at 7:21 pm to
If you're a 1099, you need to pay taxes on a quarterly basis. I use H&R Block. If you're talking about the taxes you need to file for 2022 by next month, you are screwed.

When you're a 1099, if you underpay taxes during the year by a certain percentage, you'll be penalized, even if you file by April 15th.

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