How do I estimate taxes for 2024 - partial year self employed

I became self-employed in April of 2024 and know that I have to pay estimated taxes. How do I estimate those taxes now? I used TT to file my 2023 taxes and did not expect that I would leave my W-2 job for several 1099 jobs.

Thanks!

13834

Level 15

Aug 21, 2024 11:06:58 AM

Using the desktop editions -

Click on Federal Taxes (Personal using Home & Business)

Click on Other Tax Situations

Under Other Tax Forms

On W-4 and estimated taxes, click on the start button

See this TurboTax support FAQ for estimated taxes - https://ttlc.intuit.com/turbotax-support/en-us/help-article/estimated-taxes/turbotax-calculate-next-year-federal-estimated/L9a7GqBR4_US_en_US?uid=m0460rgd

Level 15

Aug 21, 2024 11:56:36 AM

Use this website

https://www.dinkytown.net/java/1040-tax-calculator.html

Why sign in to the Community?

How do I estimate taxes for 2024 - partial year self employed