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Level 2
posted Apr 14, 2021 3:53:53 PM

How should I calculate combined estimated tax payments if both me and my spouse are freelancers? Do we each have to pay separately?

I've been a freelancer for several years now, but my husband just started contract work last year (2020). Can we do a combined estimated tax payment? We file the federal return jointly. Thanks in advance!

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3 Replies
Expert Alumni
Apr 14, 2021 4:05:30 PM

Take a look at the 1040-ES form. You can file it jointly if you like by adding both names and SS numbers.

Level 15
Apr 14, 2021 4:13:33 PM

you can pay a combined estimated tax payment. 

should you file separately for 2021 here's what the IRS says about splitting joint estimate payments

ALLOCATION RULES
when a joint declaration of estimated tax is made, but a joint return is not filed for the same tax year, the payments may be treated as being made by either spouse, or may be divided between them in any manner agreeable to them. However, if the spouses do not agree to a division, the payments are to be allocated to each of them in the ratio of each spouse’s separate tax to the aggregate tax imposed.

 

Level 2
Apr 14, 2021 4:32:42 PM

Thank you! I guess my real question is if there is an easy way to do it online. I've used EFTPS before but the IRS2Go app is easier for making estimated payments. I just payed our combined amount there. There wasn't an option to add spouse's info for filing jointly. I suppose if I want to I need to mail in the payment, correct? Thanks again!