Pardon my lack of knowledge. I will be receiving a 1099 form and filing as an Independent contractor for a tech company to my dismay. Can I deduct my health care costs above the line and take a standard deduction below the line as well?
Also what is the best resource for me to figure out how to estimate and pay my taxes quarterly to the Federal Government, and to the State of California? I think I have got the IRS schedule down reasonably, but I am confused as to how often to pay for the State of CA, and the rules the 1099 contractor.
Your help would be appreciated.