I accepted a contract 1099 position, but I am worried because I don’t know exactly how this works, in regards to paying the taxes. I had a previous tutoring job once that was a 1099, but I was there for a short period and know I didn’t make more than $400. I didn’t know how to pay the taxes for that, and never did. Not sure if it was an issue, because I never received a 1099 form from the employer and I was told not to worry about it since I hadn’t made much. Still, I tried to call IRS multiple times but every time I call there is no one to speak to directly.
This job pays a lot better, and so I want to make sure I pay my taxes. I was told by the lady who is hiring me that she will send me a 1099 form and that I just give that to my accountant who handles my stuff now. But, I read online that if I make more than $1,000 for the year, that I will need to pay quarterly taxes. I found instructions online on how to do that, but if I pay the quarterly taxes, then do I need to do anything at the end of the year? Do I still need to give the 1099 form to my accountant? My dad usually handles it and I don’t know who the accountant is that deals with my stuff, but I would like to with this situation. So, I made an appointment with an accountant. Is it possible a separate accountant from whoever was handling my previous taxes can help me instead?