NCperson
Level 15
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@julietjoly while it does depend how much you make (after expenses),

 

1) figure 15.3% for self employment tax

2) Income tax is based on the amount you earn less the standard deduction ($13850 filing SINGLE), less half the SE Tax and then determine the tax based on your tax bracket.  Simple Google 2023 tax bracket and you'll find a number of sites with this information.

 

Take 1/4 of the ANNUAL combined result and pay that quarterly to the IRS.  Since you are just beginning now, I wouldn't worry about the quarterly payment due 9/15, but pay the entire amount estimated by Jan 15.

 

The quarterly due dates for 2023 are 4/15/23, 6/15/23, 9/15/23 and 1/15/24. 

 

https://directpay.irs.gov/directpay/payment?execution=e1s1

 

Also, google your state website for their payment website.  Figure the tax is 3-5% for most states. 

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