So, I looked at the calendar for this. I recently started doing side gigs (a combination of online testing and charging scooters), and have made ~$700 over the last 2 months from it. However, only $43 of this was made by the end of August - I put together all of my finances on a spreadsheet and separated it by date, and put an estimated tax due (30% to be completely safe)...
So looking at this article on TurboTax, it says that income received from "Sept. 1 through Dec. 31, estimated tax is due Jan. 15".
My question is, what do I do about the first set of taxes on the $43? lump it in with the rest? I had no idea I'd be making this sort of money and at this rate I'll have made ~$1,500 by the end of the year and want to be sure I'm filing my taxes correctly.
Thanks, all!
Edit: extra info, but this is all from side gigs, I have a full time job as well, and I filed a 2017 return.
Submitted October 16, 2018 at 09:50AM by Alankyo https://ift.tt/2EpuAAI