1. Pampered Chef relies on relationships and communication. How are you managing your business in the wake of Coronavirus and social distancing? Discuss here
    Dismiss Notice

Pampered Chef: 6 months into PC Consulting - Hello!

  1. Hi All,
    I'm about 6 months into being a Pampered Chef consultant and I truly love it. I feel I've done pretty well but clearly have a lot to learn yet as I am just stumbling across this in an attempt to figure out how to estimate taxes so I don't get hit with paying taxes at the end of the year! So here I am and looking forward to learning more from this group!
     
  2. Admin Greg

    Admin Greg Senior Member Staff Member

    2,476
    201
    Welcome to CS Paula!
     
    Jul 30, 2018
    #2
  3. E R

    E R

    7
    0
    Hi Paula,

    My wife is about 10 months in, and we are making Federal payments if 15% of her quarterly direct deposits.

    She may have higher 'income' due to PC bucks, free items, etc, but I think our tax rate was about 12% last year.

    Not sure how it will shake out, as we are not going to be able to itemize for 2018 taxes, but I think the 15% payments should be about right.

    We also make smaller quarterly payments to the State.

    Both payments can be made online, which is convenient.
     
    Aug 21, 2018
    #3
  4. Thanks for the info E R! I was wondering the same thing :)
     
    Aug 21, 2018
    #4
Have something to add?