Hi guys!
Quick question, anyone here have experience dealing with self employment taxes? I'm doing paid by the day commission work at $400/day, but am paying all travel, licensing, conference fees, and liability insurance out of pocket. I'm not working enough right now, maybe 1 day a week but trying to find full employment or at least increase my utilization. DHs income puts us in the 25% tax bracket, how will mine affect things this year? Wont I be paying close to 35%? Ive made maybe 6-8k in not yet taxed income, no estimated taxes paid but DH has held out a little extra.
Thanks