Thursday, July 19, 2007

Estimated taxes when both an employee & self-employed


I've been self-employed for about 1 year. I've been making my quarterly SE tax payments. If I choose to return to an employee (w-2) job, am I required to continue making quarterly SE payments?


Dave, I assume by SE tax payments you mean estimated tax payments. Take a look at these posts below. If they don't answer your question, then please get back to me.

Estimated Taxes

Estimated Tax: How much to plan for

Estimated Taxes Paid Late

Full-time Job and Freelancer: W-2 and 1099

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