Michele_H
Expert Alumni

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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