Re: Self-employed consultant questions

Adrienne,

If you are a W2, you are an employee of the company paying you, and the
company is withholding some of your compensation and giving it to the
government. You must have filled out a W4 when you started working for
them. Presuming you filled that out properly, it would be rare that you
would need to concern yourself with making quarterly payments.

- Dan

On Wed, Mar 9, 2016 at 10:02 AM, Adrienne Roman <adrienne1204@xxxxxxxxxxxxx>
wrote:

If you are a contractor - getting paid on a w2 - do you have to file
quarterly as well?

On 3/8/2016 4:20 PM, Robert Lancaster wrote:

Dan:

Sadly, I can tell you that, at least in my case, the IRS went after ME,
not the companies where I had contracted. They took my car, my wife's car
and an old Junker we had as well, and sold them at auction. A few years
later, they forced us to sell our house, and took every penny we got for it.

The incident with the cars was in the mid-to-late 1990s, and the house
thing was in 2002 or 2003.
My best advice to you (or to any other contractor):

KEEP FILING THOSE QUARTERLIES, AND FILE THEM ON TIME!!!

-Robert (rslancastr@xxxxxxx)

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