Thats what my husband does..head frozen. He was promoted after about a yr. working there,also. He makes 13.65,but like I said, I think pay depends on where you live/what contract you're under. He works days,7-330,b/c they say he has to be there to put his orders on. So he has to work around all the customers.
Generally, you donât have to pay an underpayment penalty if: 1  You owe less than $1,000 in tax after subtracting withholding. 2  You paid at least 90% of your total tax through withholding and/or estimated tax payments; OR what you paid in tax for 2014 is equal to 100% of your 2013 taxes.nswer: Any underpayment penalty is calculated based on your income, withholding, credits, etc. that you have entered. TaxACT calculates this amount on Form 2210 (or Form 2210-F for farmers and fishermen).
It's appropriate if your income this year will be at least as much as last year's. On last year's tax return, find your total tax before payments. Pay in at least that much, evenly spread among this year's quarterly tax payment dates, and be penalty-proof even if you owe additional tax at the end of the year.alifornia puts a strange twist on the concept of paying quarterly taxes because the required estimated tax payments are not equal. Instead of 25% per quarter, California uses 30%, 40%, 0%, and 30%. I'm not making this up! At least California recognizes the same exceptions (safe harbor and annualization) as the IRS.