Skip to main content
August 28, 2024
Solved

Timelines for quarterly filing

  • August 28, 2024
  • 1 reply
  • 0 views

I am only moving onto a 1099 as of September, do I have file quarterly for Q3? Or can I just file once at end of year for both this month and Q4 at once?

    Best answer by marctu

    So the fourth quarter begins September 1 and end on December 31, 2024.   The fourth quarter is four months, so it is actually more then a quarter of the year.   Any payment for Self-employment and income tax would be due on January 15, 2025.   The tax deadline itself is April 15, 2025.  So assuming you have net self-employment income for those four months you would want to make and estimated tax payment on or before January 15, 2025 and then file your tax return on or before April 15, 2025.

     

    Thank you so much for your question  @hobbes0033 

     

    Be well and safe!

     

    Marc T.

     

    Turbo Tax Expert

    27 Years of Experience Helping Clients

    1 reply

    marctu
    marctuAnswer
    August 28, 2024

    So the fourth quarter begins September 1 and end on December 31, 2024.   The fourth quarter is four months, so it is actually more then a quarter of the year.   Any payment for Self-employment and income tax would be due on January 15, 2025.   The tax deadline itself is April 15, 2025.  So assuming you have net self-employment income for those four months you would want to make and estimated tax payment on or before January 15, 2025 and then file your tax return on or before April 15, 2025.

     

    Thank you so much for your question  @hobbes0033 

     

    Be well and safe!

     

    Marc T.

     

    Turbo Tax Expert

    27 Years of Experience Helping Clients

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