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Personal Taxes

How do I pay taxes as a contractor?

I was recently hired as a contractor on May 17, 2021. I would like to know what forms I need to submit to pay estimated taxes and when payments would be due.

Answer:

As a CPA, I came across this website and joined just last week, and I just came across your question.

You use Form 1040-ES to make estimated income tax payments. You can download the form (with instructions on where to mail, etc.) on the website for the Internal Revenue Service (irs.gov). On the home page, click on Search Forms & Instructions. Then, in the Search box, you can type 1040-ES.

Estimated income tax payments are normally due April 15, June 15, September 15, and January 15.

Answer Provided by: personimage Adam Dickreiter
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