Kp58
Returning Member

How to calculate estimated tax payments when income varies

How do I calculate my estimated tax payments when I honestly do not know how much my freelance business will make? 

 

For example income:

Q1 - $15,000

Q2 - $6,000

Q3 - $12,000

Q4 - $30,000

 

This income is in addition to a W2 salary of 120k. I freelance in addition to my main job. How would I calculate this when my extra income is unknown and varies greatly and my main gig with the W2 is obviously already taxes paid. Located in Wisconsin.