as Dr LJ

Feb. 11th, 2010 06:11 pm
gsh: (Default)
[personal profile] gsh
Say I do a bit of friendly contracting for someone, and get a few thousand dollars as pay. I'm given a check for X dollars, and neither fed taxes nor social security are taken out. I can figure out how to get this income declared on my 1040 fed return. What do I need to do to make sure my social security and other "payroll" taxes are paid legally?

Date: 2010-02-12 12:09 am (UTC)
From: [identity profile] cappyhead.livejournal.com
I just remembered. You may want to look into the local and state tax ramifications of this income. In Philadelphia I believe I had to file separate city business taxes, which were kind of a pain.

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