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Self employed
Great question as this is one area most small business owners wrestle with. One thing you can do is put together a projection for the rest of the year for income and expenses. With this you can go back into your turbo tax account and adjust your numbers to represent 2023, see what your final tax bill is and then make payments based on that number. The internet also has a few estimators for quarterly filings you can use, see the link below to see one of them.
Quarterly Tax Calculator - Calculate Estimated Taxes (keepertax.com)
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‎August 30, 2023
2:09 PM
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