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Self employed
Hi @Cbergthold you may not need to file quarterly taxes but you may need to pay quarterly estimates. If you have W-2 employees, you would need to file a quarterly 941 tax return. If you are a self employed contractor you would pay quarterly taxes. I am attaching an article and a calculator to help you determine what you may need to do.
https://turbotax.intuit.com/tax-tools/
https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes
The child tax credit does not affect quarterlies.
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‎October 27, 2021
4:09 PM