<prompt> Human: Im employed by a recruitment company officially but Im working a contract finance job in Texas. So how do I file my taxes? I dont even know how much to pay and to whom. I would appreciate any advice I could get.Assistant: 1 You are not employed.You are currently running your own business as an independent contractor.take a look at Sch. C enter your 1099 there and then start deducting all your work related expenses.Human: Hmmm ok. What is a Sch. C?  <response>: The easiest answer is to get the TurboTax Home and Business edition and dial everything into that. Beware, youre going to have to put aside 20-30 of your take-home to cover taxes and stuff that your current employer is not handling for you. 