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You are replying to this message: | | Posted by JanetK_CA on 2/22/21 3:29pm
If your income as a self-employed individual is above a certain threshold (which I suspect most of us who do this full time would be), you are still supposed to pay quarterly estimated payments, unless you have another source of income that withholds a sufficient portion of that income from regular paychecks. I don't know the particulars because I've been making quarterly payments for as long as I can remember and haven't looked at that in a long while.
I strongly suggest to anyone who hasn't been doing this, that they read up on it as soon as possible. |
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