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CeeRee
Returning Member

Do YouTubers pay quarterly and the federal due ontop of the screen? Or at the end does it split the federal due into 4?

Like I know they pay quarterly since self employed but I don't know if Turbo Tax splits the amount up into 4 for them or they pay the federal and then set up quarterly payments for that year.

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4 Replies
KeshaH
Employee Tax Expert

Do YouTubers pay quarterly and the federal due ontop of the screen? Or at the end does it split the federal due into 4?

Yes.

 

The amount due that's shown in the TurboTax program would be for the 2024 tax year. This balance due is because you didn't make payments during 2024, or your payments were not enough to cover your tax liability. This payment is due by April 15, 2025. If you can't pay in full by that date, you can request a payment plan. However, interest and penalties will be charged on any balance due after April 15.

 

In addition, the suggested quarterly payments would be for 2025 so you don't have a balance due when you file your 2025 tax return. Typically the estimated payments for 2025 are based on your 2024 tax liability, but you can make adjustments in case you expect to owe more or less. The due dates for these payments are generally:

 

- Q1 due April 15, 2025 and covers January 1 - March 31

- Q2 due June 15, 2025 and covers April 1 - May 31

- Q3 due September 15, 2025 and covers June 1 - August 31

- Q4 due January 15, 2026 and covers September 1 - December 31

 

 

For more information:

- Apply for a payment plan

- Tax Payment Options

CeeRee
Returning Member

Do YouTubers pay quarterly and the federal due ontop of the screen? Or at the end does it split the federal due into 4?

Sorry but yes to what? 

Like, they had to pay federal and then file for quarterly payments after 

or 

The federal due on top of the screen is split into four after they are done filing 

Do YouTubers pay quarterly and the federal due ontop of the screen? Or at the end does it split the federal due into 4?

the "amount you owe" is 100% due on or before April 15,2025

@CeeRee 

KeshaH
Employee Tax Expert

Do YouTubers pay quarterly and the federal due ontop of the screen? Or at the end does it split the federal due into 4?

Yes, Youtubers (and other business owners) will pay the federal balance due shown within TurboTax for 2025 and also make quarterly tax payments for 2025. However, if the quarterly tax payments are made in full for 2025 there shouldn't be a balance due when the 2025 tax return is filed so going forward it will just be the quarterly payments. 

 

@CeeRee 

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