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Self employed
Hello @zeus043!
Congratulations on being an Author! Quarterly estimated taxes are a tool to help you avoid owing when you file, and if you owe, having penalties and interest added to the amount you owe. If the amount you are earning is not going to increase your taxes (especially after expenses are deducted), there is not a requirement to send quarterly payments.
A great tool to help estimate your tax liability is the taxcaster: https://turbotax.intuit.com/tax-tools/ You can estimate your profits and determine if you will owe, then make estimated payments if needed.
You mentioned that you owed taxes last year – have you made changes to avoid that?
I hope this helps!
JanetB211
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