in NJ, SE taxes , are owed if you make over $400 with your own business activity
is this SE tax taken care of once a year, during doing your yearly tax return? or is this an ongoing thing ?
i had paid once, an estimated tax to NJ last year assuming i will make enough from side actviities but i couldnt and my estimated tax turndd out to be unnecessary. for the most part. i owe very little to NJ now. which my estimated tax will cover. does estimated tax and SE tax are same things, i mean are they apples to apples?
is this SE tax taken care of once a year, during doing your yearly tax return? or is this an ongoing thing ?
i had paid once, an estimated tax to NJ last year assuming i will make enough from side actviities but i couldnt and my estimated tax turndd out to be unnecessary. for the most part. i owe very little to NJ now. which my estimated tax will cover. does estimated tax and SE tax are same things, i mean are they apples to apples?
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