How do I deal with my taxes when my employer uses a 1099? How much to save ahead of time to pay taxes later?

I had a similar problem last year, just send the IRS $15 for every $100 you make monthly(15%) or bi-monthly and you should be alright, I usually sent min on the last monday of every month (ex if you make 1500 a month send them 225) that should entitle you to some form of return at the end of the year also if you made below $6000(i think) in that year you dont have to file another thing to take into consideration is if you are offered a 1099 that means you are kind of like an employer offering a client a service, even if they are the employer they are not paying your taxes, so you can keep gas reciepts and other business expenses to write off at the end of the year

You should get a W4 entire page,answer the questions at the top and figure out what you would owe and then pay estimated taxes based on the formula. 1099 means contract labor generally, yes you should save all receipts. You will have to pay for you social security and use Schedule C. They should send a form 1099 like a W2. Save mileage, reciepts, supplies, etc.

I would save at least 20% of each paycheck out for taxes.

They will send you a 1099 at the end of Jan. You need to save receipts that you paid for the job. You need to keep track of the mileage on your car or truck if you use it for the job. The income is reported on a Sch C. You will have to pay self employment tax on the income that you made, which is reported on a Sch SE. If you know what you are going to make, you should make estimate tax payments. The month that you will pay them are April, June, September and January (next year).

dont file

the only advice I see that makes sense on here is don't file. and that is just funny. Anyway, your sub contracter form doesn't simply mean you didn't pay taxes. They actually take an extra percentage fee on sub contracters. So it comes out to paying (what I call) tax and a half. It's terrible, I made the same amount of money this year and last, and had a thousand dollar difference in returns because I spent 3 months as a sub contracter. So, simply find the proper form at the post office (they'll direct you) and fill it out appropriately. If you add it in as regular income on a normal W-2 form, you will save a lot of money, and would probably get away with it too, but it is definately illegal and should be advised against.