How to File Estimated Taxes?

Answer You will need to file estimated taxes if your employer does not withhold taxes from your paycheck or does not withhold enough taxes to cover your liability for that tax year.

Top Q&A For: How to File Estimated Taxes

Who Pays Estimated Taxes?

According to the Internal Revenue Service (IRS), anyone who has income that is not subject to withholding must pay estimated taxes. These include self-employed individuals, prize winners, property ... Read More »

When are estimated taxes due to the IRS?

You generally must pay estimated taxes to the IRS if you're self-employed or otherwise don't have taxes withheld from your earnings. The due dates are as follows: April 15 for earnings from January... Read More »

How do i calculate estimated taxes?

Compare your previous year's tax return (withholding and earnings) to your current year's return. If you are on track to earn a similar amount of income, then divide your previous year's withholdin... Read More »

How do I calculate estimated taxes for 1099?

Compute 1099 IncomeAdd the total amount of all 1099 forms and add the total to your other income earned thus far in the tax year.Figure Estimated TaxUse your previous year’s tax return as a guide... Read More »