Quarterly Estimated Taxes for the Self-Employed

If you earn income from a shop or as a freelancer, paying quarterly estimated tax helps you avoid penalties.

Payment schedule

The default is four times a year (April, June, September, and the following January). Using the prior-year safe harbor can reduce underpayment penalties.

Keeping monthly records of revenue and expenses makes tax season far easier. Calculate your quarterly payment considering both SE tax (self-employment tax) and income tax.