JoeD_CPA_CFP
Employee Tax & Finance Expert

Self employed

Hi rickanddianafreeman!

 

I don't see a question but here are the estimated tax requirements:

Who Must Pay Estimated Tax

Individuals, including sole proprietors, partners, and S corporation shareholders, generally have to make estimated tax payments if they expect to owe tax of $1,000 or more when their return is filed.

You may have to pay estimated tax for the current year if your tax was more than zero in the prior year. See the worksheet in Form 1040-ES, Estimated Tax for Individuals for more details on who must pay estimated tax.

 

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