Business & farm

Thanks for the reply!

 

So if this is based on an estimate of what my 2024 taxes will be, how do I know I'm paying enough in quarterly taxes? Since I freelance, there's no way of knowing if I'll make more or less year by year. It just fluctuates. So what if my estimated income ends up being lower than the income I end up earning? How do I avoid underpayment fees for that? And for the opposite, if I overpay, I will get a refund on that, correct?