Hi,
Here is an IRS article, you can use it as a calculator, it is the IRS withholding estimator. Here is the link https://www.irs.gov/individuals/tax-withholding-estimator
Take 10 minutes or so to fill it out, it will give you an idea on how much you may owe, or be due a refund. From there, you can determine the amount owed at the end of the year, and make quarterly estimated payments based on an amount due, if applicable.
Here is also a link to TurboTax Taxcaster, which can also be useful for paying estimates. https://turbotax.intuit.com/tax-tools/calculators/taxcaster/
If you would like more information regarding states, just type the state into google and write estimates after, there should be helpful links for paying estimates for that particular state.
Here is a link to eftps. https://www.eftps.com/eftps/
From here, you can pay your federal estimates electronically, after enrolling.
For a real estate agent, many things are deductible. You can write off the TurboTax fee that you paid in 2022 for your 2021 taxes, advertising and marketing expenses, training, education costs, licensing, home office expenses, travel, dues, vehicle expenses, etc.
Here is an article regarding filing taxes as a real estate agent:
https://turbotax.intuit.com/tax-tips/self-employment-taxes/tax-tips-for-real-estate-agents-and-broke...
Thank you,
John
CPA
