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Self employed and paying in taxes email this discussion to a friend?

myLot reputation of 93/100. sedel1027 (11248)2 years ago

How often do you pay in taxes if you are self-emnployed? Do you prefer to pay in every month, quarter or just wait until you file your yearly taxes?

 
 
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Sailor (693) response was accepted on 2/22/2007.
denotes best response.
tags:  taxes, self empolyed, work at home, quarterly, yearly
 
1. myLot reputation of 88/100. Sailor (693)   2 years ago

You are supposed to file a min. of quarterly. Be sure you keep your receipts, and you get to subtract your expenses prior to paying the feds their Mafia money.

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2. myLot reputation of 94/100. cwgrlsarefun (1358)   2 years ago

They say that you should at least do your taxes quarterly but when my husband owned his own truck we were not home enough to do them that often so we would just do yearly. As long as you have the money to pay when they are done I don't think that it matters and as long as you get them done each year. Now that we no longer own our truck we still only do them once a year.

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