turbotax icon
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Level 1

self-employed but not consistent

Hi. I am 52 and only work a small portion of the year. For example, I did a small project this spring and got paid but have not worked again since then. Do I still need to make quarterly payments when I don't know what my income will be or when I may receive it?

This feature is pending. Thanks for your patience.
Didn't get the answer you wanted? Our digital assistant can help you.
2 Replies
Employee Tax Expert

self-employed but not consistent

Hello @BTW!


Thanks for this great question! Ultimately, whether or not you need to make quarterly estimated tax payments is dependent upon how much tax you expect to owe at the end of the year, which is dependent on your overall income for the year. One of the best ways you can determine whether or how much you'll owe at the end of the year is to use our TaxCaster tool. Be sure to include all your income for the year when determining if you'll owe, and therefore how much to pay.


If, for example, at the beginning of the year you worked that one project and it's not enough income to generate a significant balance due for you, you may choose not to pay estimated tax payments based on that project alone. If you happen to take another project or two down the road and your income and tax situation changes, you can always start making quarterly payments once you've made that additional income.


Note that if you do make a payment and it's an overpayment of what you actually owe, you can file your tax return to claim a refund of the overpaid taxes.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Employee Tax Expert

self-employed but not consistent



Your original replier Gabriella did a great job with assisting you for estimate taxes using taxcaster tool.  When you use turbo tax next year 2023, and you made any estimate payments be sure to include those amounts if any.  Estimates will be similar to the withholdings that get deducted out the paychecks and appear on W-2, box 2. 

Any estimates you make will appear on the 1040, line 26.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies