<prompt> Human: I went to an interview yesterday for what appeared to be an internship but turned out to be part-timefreelance employment. This is my first actual job while Im studying at my university. The pay is better than what Im earning at my current job, way better and my current job isnt really oriented towards my career path. Anyways, I accepted the new position and Ill be getting paid with checks probably biweekly. However, I was told that Ill have to file my own taxes because I wont be getting taxes taken out of my check. Im very surprised by this as Ive never seen something like this before. Im going to be added onto their company as freelancecontract work. Im expecting an email later today. Is there anything I should clarify before signing off on the offer? Or is there anything I should know beforehand?Thank youAssistant: This is pretty normal for freelancers and consultants. You might want to consult a CPA or tax preparer. Human: Do you think I should tell the company if they can just add me on as a part-time employee? They kept asking if I had any questions but I only realized this day. Assistant: They like to keep you as a freelancer because it makes it easier for them if you truly are a freelancer.Human: Makes sense. Ive never had to pay taxes at the end of the year, Ive always received a tax return. Do you think now, Ill have to pay taxes?Assistant: Yes. Depending on your income, I would set aside 20-25 to pay come tax time.Human: Damnit. Im definitely gonna tell them to just take the taxes out.  <response>: They wont. You arent an employee. You have to save it yourself.You can make estimated quarterly payments if you want. Else, just open a separate account somewhere to deposit 25 of each check and forget about it until tax time.And to be fair, you have always been paying taxes. You will owe slightly more now because of the self employment tax. 