Tax Question for ICs- sm

Posted By: MTME on 2006-01-27
In Reply to:

For those of you who pay your own FICA tax, can you make quarterly payments? I accepted a position with FutureNet. I've always been an IC, but never had to pay my own FICA, so I'm not sure how to handle this. I have an appointment with my tax person in a couple of weeks. She always provides a schedule and envelopes with payment slips for my federal and state. Do they do this for FICA as well? TIA!

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Tax Question for ICs- sm - MTME
- Yes, you can do via mail or electronically - sm - Laura E.
  - How do you handle - First Timer
    - Your first year you don't have to pay quarterly...sm - Old MT
      - Thanks so much - First timer
    - Yes, you need to plan for it - sm - Laure E.
      - Isn't the standard deduction much more than $2K? nm - MT
        Yes it is, and we do file a joint return BUT you can offset your income - sm - Laura E.
      - Thanks - First Timer
  - Federal Govt program (sm) - MTME
- FICA - Patti

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