Information Discussion for Gate Guards
Thought I'd start a new topic for Gate Guards to use for comments. Like the moderator suggested-keep technical stuff, recipes, mechanical, etc. where they belong. Lets hear from everyone sucking down ...
Forum Discussion
Here's a question for you guys that have been doing this for several years... Taxes - how are they dealt with as a gate guarding couple, presumably working as an independent contractor under 1099 conditions?
--Does only one of you (the one the check is made out to) file the 1099?
--As I understand it there are quarterly estimated tax payments due the IRS - for those of us who've only ever used turbotax or a CPA once a year, how are those payments made and 'estimated'?
--Have you been caught off guard by self employment tax or anything else? Any advice for things to look out for or what to expect for actual liability at the end of the year?
--Does only one of you (the one the check is made out to) file the 1099?
--As I understand it there are quarterly estimated tax payments due the IRS - for those of us who've only ever used turbotax or a CPA once a year, how are those payments made and 'estimated'?
--Have you been caught off guard by self employment tax or anything else? Any advice for things to look out for or what to expect for actual liability at the end of the year?
