Reporting tax while Self Employed?

[Ja Rhule]

How do I allocate and pay federal, state, social security and other taxes?  Anyone know?  What if money come from another state?

[MadHatter]

You will need to file a quarter estimated tax payment.

 

In addition, the money is taxed where the service was provided....not where the check came from.  However, if the work was provided (and thus earned in another state), you are required to claim the income in that state and pay taxes.  You then claim a credit on your NC taxes for the amount paid in the other state.

 

 

[PandaPancake]

That was quick and easy.

Now let us bitch about the government just taking taxes instead of people actually paying them.

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[ladypanther]

​You need a good accountant.

[Ja Rhule]

​You need a good accountant.

I'm a good accountant. I'm just a corporate accountant. I know I can use 1040ES to file tax and I know I have to file quarterly. Wasn't sure if there is a website or software that can calculate everything and submit payment to IRS and state.