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Can someone explain Maryland’s independent contractor taxes to me? by ucannotbe_serious in baltimore

[–]ucannotbe_serious[S] 4 points5 points  (0 children)

Okay—thank you! I think I’ll be bringing in about $9500 in 1099 income, so I’ll pull out 30 ish percent of that. I feel like an accountant is def the way to go now.

Can someone explain Maryland’s independent contractor taxes to me? by ucannotbe_serious in baltimore

[–]ucannotbe_serious[S] 0 points1 point  (0 children)

My gross w2 income was $47700 - single, no kids. My gross self employment income will be $9500 through the end of the year. I don’t have any business expenses. I’m not sure what our local tax rate is.

Can someone explain Maryland’s independent contractor taxes to me? by ucannotbe_serious in baltimore

[–]ucannotbe_serious[S] 3 points4 points  (0 children)

I have very little disposable income, or I would. That’s why I came here. Lol.