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|Mon, 11-22-2010 - 12:34pm|
Okay, I've been a contract employee for the past 10 years. They send something to the IRS and I play my taxes in April. I just never really thought about doing the SE taxes. Now my H prepares my taxes & I just sign, so I'm not aware of any penalty for being a contract employee & not paying quarterly.
Anyway - I'm starting a 2nd job. Yes, full time mom & now holding 2 part time jobs - gotta love the economy.
This new company has warned & warned I am a self employed with them & I need to "register" myself as such. Now they are out of the country and I see in the UK you need to register, but I don't see anything here for the USA.
What does concern me is the estimated taxes & quarterly payments before I have even started. Seeing it is nearly December, would anyone know if I need to concern myself with this as of yet? Or could I way until I file my 2010 taxes & get started then?