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I live in Florida, so I don t have to pay state taxes.

I ve been looking up how to pay taxes self-employed and they all say to put aside more than I need to pay just in case.. but when I got to the website to pay, all it says is, “Enter amount you want to pay.” It doesn t give me info as to what exactly I owe.

So what I am asking is, if I pay them too much, will they let me know and give me a tax return? Or will they just not say anything and keep it because it s my responsibility to properly calculate what I owe..?

Please help. I don t know anyone who knows how to pay self-employment taxes.
It sounds like you are trying to make your quarterly estimated tax payment. You ESTIMATE how much you owe and pay that much. The IRS never sends out tax returns. Tax returns are what you send them. As far as tax refunds go, if you over pay, you will get a refund. But you are responsible for filing a correct tax return whether you do it yourself or pay someone else to do it. If you haven’t incorporated your business, you are…

a sole proprietor. That means you will need to fill out IRS form 1040 Schedule C and IRS form Schedule SE for each year that you have self-employment income. If you work at home, you may also be able to use Form 8829 to deduct Business Use of Home (be sure to read and follow the rules).


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