Taxes, explained guides

How the mechanism works — marginal vs effective rates, withholding, and what a refund really is.

Smiling person at a desk holding a document labeled taxes, with cash and coins spread out in front of them

How much should you set aside for taxes on 1099 income?

1099 and side-hustle income has no tax withheld, so federal, self-employment, and often state tax are on you. Here's the 2026 math behind the usual 20–35% set-aside.

Sep 27, 20269 min read