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AnaC
Level 1

How do I pay quarterly?

I work year around with a W2, but I also work year around and recieve a 1099. Where and how do I pay quarterly for my 1099? For the past 3 years I've been paying my 1099 taxes once a year at the same time as my W2.

 

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1 Reply
John-H2021
Expert Alumni

How do I pay quarterly?

Hello,

You can pay your estimated taxes at the end of the year like you have been doing but you may have a penalty for not making them quarterly it depend on your balance due amount.

 

Here is a good article that explains who should make estimated payments and how to make them.

https://turbotax.intuit.com/tax-tips/small-business-taxes/estimated-taxes-how-to-determine-what-to-p...

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