Sean Pyles

And speaking of taxes, we're doing a whole episode about tax season 2026.

So if you have any questions about taxes this year, I'm sure you have a pile of documents just staring at you on your desk.

I know I do.

Let us know.

So send us your question any way you want to, and we'll answer it in a few weeks.

Okay.

In a moment, this episode's money question.

Stay with us.

We're back and answering your money questions to help you make smarter financial decisions.

Here's this episode's listener question.

Hi, Elizabeth and Sean.

I would like to know if you have any advice on how to navigate tax status for contract work.

Previously, when I did contract work, I received Form 1099-NEC, if I'm remembering correctly.

During that time, I paid estimated taxes during the year and noticed additional tax for self-employment, but I only filed as single and personal taxes.

I'm looking back into doing contract work again and curious if there is any guidance you can offer on tax setup.

Also in the past year, I've invested in a Roth IRA and high yield savings account.

Is there any guidance on how to anticipate and prepare for taxes with these accounts?

Thank you for your nerdy advice, double exclamation point.

Yay.

I'm more into the tax refund side of things, but you know, it's an important time of year, whether we like it or not.