I’m thinking of starting my own business, and I have a couple of questions.***) What fo...

GetHuman3971267's customer service issue with IRS from November 2019

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The issue in GetHuman3971267's own words
I’m thinking of starting my own business, and I have a couple of questions.***) What forms would I need to use being self-employed? (Sole proprietorship, just myself)***) I read something online about how those who are self-employed file taxes more than once a year. How often and what are the dates that you would need our information by and when should it be sent out?***) If I’m unsure of how much my profits will be, how can I calculate how much I should automatically set aside to not spend? Do you think it’s better to spend under a certain percentage of the profits to be sure to have enough, and what would that percentage be? ***) What is the tax rate for everything (not just federal income tax, but also the other taxes that normally an employer would pay partially for - social security, Medicare*Medicaid, any other potential taxes)? Does it change annually? If so, where exactly will I be able to access that information?**I appreciate the response. It’s very much needed.**-Kaitlin Baron

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Customer service issue
Reported by GetHuman3971267
Nov 21st, 2019 - 3 years ago
Not resolved
Seen by 3 customers so far
Similar issue to 10227 others
0 customers following this


GetHuman3971267 started working on this issue
Nov 21st, 2019 1:22am