Tax for IC's

Posted By: Carrie on 2006-10-17
In Reply to:

Hello to all. I have been an IC since June and have been holding out 25% of every check for a savings account (taxes only). Am I holding out enough? That may sound like a dumb question but I'm just new to this. Thanks in advance, C

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Tax for IC's - Carrie
- IC taxes - Patti
- Tax guy told me to hold 30%. After first year when got idea what I would be making, he told me - set amount to have for quarterly. Send that now.

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