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    meremac's Avatar
    meremac Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jun 9, 2009, 08:39 AM
    How much tax do I put away?
    I am starting a home daycare and I'm wondering what percentage I should put away for taxes? I'm counting on making $20,000 a year.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Jun 9, 2009, 09:52 AM
    Put about 25% ($5,000) aside for taxes.
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