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Thread: Paying Taxes for contractor?

  1. #1
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    Default Paying Taxes for contractor?

    Evening! I have a quick tax question:
    I am a 1099 contractor at the firm I work at. I live in Maine and work in New Hampshire. However, on December 15 I am moving to New Hampshire. I am thinking about getting Quickbooks and Turbotax so I can do things like writeoffs and pay my taxes every quarter. Should I wait until December 15 to sign up so I can put my residence as the NH address at the apartment or can I not do that yet? Is it fine if I do it now? I would be paying fewer taxes if I wait to do it in NH because they don't have an income tax, they just have a self-employment tax versus Maine which does.

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    Which state is the firm you work at located in?

    As far as getting quickbooks and turbotax, I don't think it should matter when you sign up; just change your address on file when you move.

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    Quote Originally Posted by tallen View Post
    Which state is the firm you work at located in?

    As far as getting quickbooks and turbotax, I don't think it should matter when you sign up; just change your address on file when you move.
    The company is registered and operates in NH

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    Good. If the company was in ME, just living in NH doesn't get you out of having to pay ME income tax...

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