What should I know about taxes as a salaried, traveling consultant?
June 2, 2010 5:46 AM Subscribe
How do I claim taxes working as a salaried IT consultant? I have a client in another state that I travel to on a weekly basis.
posted by jwfree to work & money (2 answers total)
I realize that basing my financial decisions solely off of internet feedback probably isn't the best practice. I do plan on speaking with a tax professional at some point in the near future. I'm seeking information so I won't be completely ignorant when those talks start.
I am a full-time, salaried IT consultant with the ability to live anywhere in the US as long as there is an airport near by. I have one client at a time and travel Monday-Thursday to and from their site. As mentioned above, I don't live in the same state as my current client.
When I filled out all of the tax forms, I was told to choose my home state. I just received my first paycheck since being employed and noticed that under the section of 'Exemptions/Allowances' I have Federal and GA (my client's state). My home state is not listed.
This being my first traveling consulting role, I now realize that taxes may require a different setup than what was originally presented to me. Any suggestions, guidance, or advice is appreciated and will help me better understand the situation when I speak with a tax professional.