Was it cash and or paypal? ColdFusion wrote: > How does everyone handle taxes when income received from consulting work? > > > > Example: > > Project A brought in $1000.00 > > > > Now set aside 33% for federal and say 10% for state (I am in the state where > there are state taxes). > > So if I set aside 50% is that too much? > > > > The figures are just estimates. > > > > (Checking IRS site as well, just thought I would ask here) > > > > > >
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