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Money and Finances
Reply to "1099 income and taxes"
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[quote=Anonymous]OP our HHI is $325K. DH is W2, I am 1099, and have been 1099 for the last 4 years. We also own a rental home. 1) we have used Turbo Tax (Small Biz), no problems 2) you must pay quarterly taxes or you will face penalties from the IRS. Just go to the IRS website and either print off a copy of the payment coupons OR pay directly online with the IRS. [/quote]
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