Hi,
The rule about paying quarterly estimated taxes does not recognize the number of times in a year that you make money as a self-employed person. It simply says if you estimate that you're going to owe more than $1000 at the end of the year, them you should pay estimated taxes as follows:
- January 1 to March 31 – April 15
- April 1 to May 31 – June 15
- June 1 to August 31 - September 15
- September 1 to December 31 – January 15 of the following year
The payments does not have to be even, you can stagger them according to the schedule of your income. This applies to both the federal and California
The link below provides more information.
https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes
Estimated Taxes
I hope this answers your question.
rgds.
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