Quarterly taxes

Forum|Forum|2 years ago
August 30, 2023
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In the past two years I became a government contractor, recieving only a statement of payment form from my employer. I had not realized that I needed to file taxes differently, and submitted my taxes for last year in the stanard way in April. Since that date I have yet to submit any quarterly estimated taxes. Given this, here are a two of my questions:

Which quarterly payements do I still need to submit, and is there any thing I need to do in particular in order to make up for these missed quarterly payments?

Is there any other paperwork I need to submit along with my payment at the IRS website?

Ask the Experts - Self-Employed - Aug 2023

mbexpert

Quarterly payments are due April 15, June 15, September 15 of 2023 and January 15, 2024

If you have made any estimated payments yet , you can still make them September and January.

I have included the link to Turbotax Taxcaster tool to help you estimate your taxes due.

https://turbotax.intuit.com/tax-tools/

I have also included some additional information on estimated tax payment which includes information on how to make those payments by mail with a voucher or online at irs.gov:

https://www.irs.gov/payments/pay-as-you-go-so-you-wont-owe-a-guide-to-withholding-estimated-taxes-and-ways-to-avoid-the-estimated-tax-penalty