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re: Tax Question- Working a Side Hustle that 1099s You, No Withholding
Posted on 5/25/21 at 3:58 pm to slacker130
Posted on 5/25/21 at 3:58 pm to slacker130
If your side hustle brings in $20-30k per year that’s awesome. You will have have to prepay, or actually just pay on time (prepay is a misnomer, you pay on time quarterly to avoid penalties and interest), if it’s not withheld and you owe on taxes.
1
Posted on 5/25/21 at 4:04 pm to go ta hell ole miss
quote:
$20-30k per year that’s awesome
Not sure if I do it that long. Kinda helping a buddy out and it's fun. For a year, it might eat into my other job and that wouldn't fly.
ETA- if I did it long term, probably be $1200 a month.
This post was edited on 5/25/21 at 4:06 pm
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