Thursday, November 26, 2026 · Question 15 of 19
As an employee, tax comes out before you ever see the money. As a contractor, it doesn't — and that doesn't mean the tax goes away. It just waits until April, and then the whole year's tax is due at once. The fix isn't complicated, but it has to happen during the year: set a portion aside from every payment, and pay estimated taxes four times a year, so April doesn't hit like a truck. If the 1099 caught you by surprise this year, let's make sure it doesn't happen again — we'll set up a system that fits the way you actually get paid.
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