I am an independent contractor and have to set aside money from each paycheck for my taxes at the end of the year. How do I compute how much, based on my circumstances, I should be setting aside? Is this something Quicken Online can do or should I be using a different Quicken product?
This isn't really something that Quicken can do for you--I'd recommend going to irs.gov to determine how much you should be withholding based on your income. However, once you determine this amount, you can track your savings toward your tax bill in Quicken.
HTH--
Quicken Kathryn
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