What are Key Dates for the Self Employed? TurboTax Tax Tip Video

What are Key Dates for the Self Employed? TurboTax Tax Tip Video


If you are self-employed – a freelancer,
side-gigger, contractor, you may need to pay quarterly taxes. This is because taxes are not withheld like
they would be with a traditional job where you receive a W-2. Generally, if you expect to owe more than
$1,000 on your self-employment income, you should pay quarterly taxes. It’s best to make these payments at key
dates to avoid any interest, penalties or surprises at tax time. Here are the due dates for paying quarterly
estimated taxes in 2017; one last one for 2016 tax year and four quarterly installments
for 2017. For more information, go to the TurboTax blog.

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