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JZ84
Level 1

Should I pay my estimated tax?

I started my self employment in July 2021. No previuos work in US and I have not filed any tax return yet. I was told that I can choose not to pay my estimated taxes this year. Do I really can do that and pay all my taxes with my anual tax return instead?

2 Replies
fanfare
Level 15

Should I pay my estimated tax?

IRS says:

"You don’t have to pay estimated tax for the current year if you meet all three of the following conditions.

  • You had no tax liability for the prior year
  • You were a U.S. citizen or resident for the whole year
  • Your prior tax year covered a 12-month period

You had no tax liability for the prior year if your total tax was zero or you didn’t have to file an income tax return. "

 

I suspect  you don't meet all three conditions. namely, the second one.

xmasbaby0
Level 15

Should I pay my estimated tax?

When it is time to prepare 2021 tax returns :

 

NON RESIDENT ALIEN  

If you are a non-resident alien, your return must be filed on Form 1040NR, which cannot be prepared using TurboTax.  You can use TT’s partner, sprintax:

https://www.sprintax.com/non-resident-alien-tax-1040nr-turbotax.html

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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