Do I have to pay my taxes quarterly if I don' want to

claire3838 · ‎February 8, 2020

MayaD · ‎February 9, 2020

According to the IRS "If you are filing as a sole proprietor, partner, S-corporation shareholder, and/or a self-employed individual, you generally have to make estimated tax payments if you expect to owe tax of $1,000 or more when you file your return”.

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dsaragosa · ‎February 9, 2020

You either have to have them deducted from your check by your employer. If self employed you have to pay them quarterly or face a penalty at the end of the year