RPZ1
Employee Tax Expert

Self employed

Hello,

I will include a link for you to bookmark with detailed information. You need to file your estimated taxes quarterly though. If you pay them annually the IRS may charge you a penalty. The best way to pay your quarterly payments is to set up an account at IRS.gov. By doing this you will be sure the IRS received the payment plus you will receive a digital receipt immediately. When you reach their page enter "estimated tax payments" in the search bar and it will lead you to the steps necessary to do this. https://turbotax.intuit.com/tax-tips/self-employment-taxes/a-guide-to-paying-quarterly-taxes/L6p8C53...