<prompt> Human: Hello all, I have a question regarding 1099 quarterly taxes and if I should file them. To preface I would like to slip in that I am an Indiana resident but all of my income comes from Illinois. Not sure if that matters but what do I know. So Im an audio tech and work for four different companies. Three of the companies are W2 and I make most of my income from them. They take out state and federal taxes for me and I usually get a refundalthough I think I had to pay like 80 to Indiana for some weird reason this year. The fourth company, who I just started working a couple days a month with is 1099 and they do not withhold taxes. I only expect to make about 2,500 from the 1099 company as Ive only made about a grand so far. Do I need to file quarterly taxes? I know its kinda getting down to the wirepretty sure deadline is in two days but I literally discovered what quarterly taxes even were this morning because our education system is so adequate in giving us proper life skills.The IRS website says you dont have to file quarterly if you think you will owe less than 1000 yearly. Any help would be greatly appreciated.Assistant: You probably dont have to pay quarterly. Even if you wanted to do something quarterly, you could get caught up in January.Theres a longer, more complicated explanation about all of the ins and outs of estimated taxes, but the key ideas here are that you dont have very much self-employment income and you are having taxes withheld on other income already. Combine that with the very low penalties for underwithholding, and you can do nothing in relative safely. But you can still send in some money if you want to. Its up to you.Human: what would be a safe amount of money to send in keeping in mind Ive only made 1,000 YTD. And would I have to send some to Illinois, Indiana and the feds? Sorry I literally have no idea how taxes workAssistant: If you made 1000, send 250 to the feds and 50 to the state where you pay your taxes.Human: oh dear Im def not in that high of a tax bracket lmao. Do you suggest sending 250 so at the end of the year I get money back? Do you get money back from 1099?  <response>: You have to pay 15 of your self-employment income to cover FICA taxes, so thats 150 of that 250. So now Im assuming you are OK just paying 10 in federal income taxes. Still laughing? 