Taxes

Coffmans52 — Wed, 27 Oct 2021 16:49:52 GMT

Can you make federal and state tax payments monthly instead of quarterly?

Re: Taxes

NateTheGrEAt — Wed, 27 Oct 2021 16:52:56 GMT

Hi Coffmans52,

Yes, you can make estimated tax payments whenever you want. The quarterly payments are minimum requirements, not a limit. Many self-employed people find it is easier to keep themselves on track by paying estimated taxes whenever they get paid.

To make Federal estimated tax payments, if you're doing it frequently you can use IRS Direct Pay or you can set up a personal EFTPS account.

I hope this information was helpful to you.

topic Re: Taxes in Self employed

Taxes

Re: Taxes