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    viperman181's Avatar
    viperman181 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 5, 2010, 11:37 AM
    1099 do I have to pay quarterly or annually?
    I have been employeed at my current company for almost two years. The first year, I started as a contractor then became a full time employee, then again I went back to being a contractor. When I filed my taxes last time, I didn't owe any money.

    Currently, I am still a contractor, but I am wondering if I can pay annually like I would normally on a 1040 or if I have to pay quarterly? If I do have to pay quarterly, how do I find out the dates of when taxes are due and also, how much I owe?

    Thank you!
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Mar 5, 2010, 11:45 AM

    You have to make quarterly payment for the estimated taxes using Form 1040-ES.
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