Get Started

Do I need to pay estimated taxes?

You may need to make estimated tax payments to the IRS if you are filing as a self-employed individual (including a sole proprietor, partner, or S Corp shareholder) and you expect to owe $1000 or more. If you have a US-based corporation and you expect to owe more than $500, then you should make estimated payments. Also, if you had a tax liability for the previous year, you may be required to make estimated payments during the current year.

Was this helpful?

Thank You!

Can’t find what you’re looking for?

Let our Customer Champion team help!