![]() ![]() I'll be getting a 1099-MISC from my sole client.ĭoes the estimated tax from TT H&B consider my SE tax in it's estimates? (I think so since I have entered my SE gross income and expenses in the tax estimation portion of TT 2019 to estimate taxes for 2020.) How is the required 15. I started working as an independent contractor in Mar 2019. Our 401k distributions also w/h Fed and State income taxes. downloads PREMIUM Recent d/loads 3.86 10,123 Rating Medium ranked Ranking 36 Libraries 8.0+ Android version 11/9/22 Last updated 2010 November App age 19. ![]() I receive SS income which w/h's Fed Income tax. TaxCaster by TurboTax Quickly estimate your 2022 tax refund with the tax calculator app by TurboTax by Intuit Inc 1+ Million Downloads PREMIUM Est. Her employer w/h's Fed Income Tax, FICA and State tax. This TurboTax TaxCaster Forecast Feature allows you to move from getting a quick estimate of your current 2022 tax year refund or amount owed, to forecasting next years 2023 tax bill based on new tax reform laws that will take place in the following year. I file jointly with my wife and we always get a Federal refund. (To avoid possible IRS penalties, I've made estimated tax payments on-time throughout 2019.) I've read that as a self-employed independent contractor, making over $400 a year, is required to pay the 15.3% SE tax, yet the tax estimation from TT Home & Business says I don't owe ANY tax, which I assume means that my required SE tax is being covered somehow - maybe, I hope.
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