When are you required to pay quarterly tax estimates?

[mbustos]

I left my W2 job in March this year and started earning income as a sole proprietorship in June. Revenue is low - can you tell me the threshold of income that is required for me to have to pay quarterly estimated taxes?

[John-H2021]

Hello,

When to make estimated payments depends on your total tax situation.

Here is an article that will walk you through the process of deciding whether to make estimates or not

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

https://turbotax.intuit.com/tax-tips/self-employment-taxes/beginners-tax-guide-for-the-self-employed...