REALLY??? If they don't pay self employment taxes until they file the tax return??? Then why is IRS telling us to pay quarterly estimated taxes? I am VERY CONFUSED BY THAT, otherwise, I maybe would not have to pay $225 last June 12 2021??? But, I do have good feeling that I may have to pay Self Employed taxes because I am Food Order Delivery Driver, only logged expenses is MILEAGE DEDUCTIONS. No other expenses. That is why I wanted to pay taxes before I file tax return. Now you are telling me that they don't pay taxes until they fill tax return??? What should I do for 2022 if I am to continue to delivery the food orders?
The IRS would like payment as you earn the income. Estimated taxes are expected if you will have income from your business and a tax liability over $1,000. You are certainly welcome to pay more in estimated taxes to prevent a tax bill or even have a refund.
Estimated taxes are paid quarterly and you may have indeed sent a payment of $225. The IRS lists payment to your account. You can check your records at Your Online Account | Internal Revenue Service. If you made the estimated payment, it needs to be entered into the program. See Where do I enter my estimated tax payments?
To pay them for 2022, see:
- Can TurboTax calculate next year's federal estimated taxes?
- Can TurboTax calculate the estimated payments for next year's state taxes?
For the official rules: See Form 1040-ES, Estimated Tax for Individuals
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