How to save for taxes for IC position - Luckyacew1 Posted: Jul 13th, 2017 - 5:32 pm
Just started a job with IC status where I'll need to pay my own taxes. Planning to open a separate account and putting 15% of each paycheck into this account so that I'll have the money when January rolls around.
Pardon my ignorance, but do I have to set aside Social Security or FICA or whatever in addition to the percentage of the total salary?
How do you manage to pay your taxes with an IC position?
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