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Old 05-11-2020, 07:16 PM   #19592
stevew
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Join Date: Dec 2003
Location: the yo'
Quote:
Originally Posted by Brian Swartz View Post
Who writes tax laws. For reals. This week I'm aiming to wrap my head more specifically around what I need to track, how, where, etc. for this whole self-employment thing. And it's become clear I need professional help with this, even though I'm pretty good with numbers in general and better at tax stuff than the average joe, but I need to know what I don't know - so I have an appointment tomorrow with a professional.

But seriously what the French toast. How do you call something 'estimated quarterly tax payments', when they literally aren't made quarterly. January, April, June, September (when not delayed due to a global pandemic). April-June is not a quarter of the year. Neither is September-January. Would it have been that difficult just to go January, April, July, October and have this make sense?

What even is the purpose of this?

How much tax are you even planning on owing at the end of the year? I don’t know anyone who pays quarterly on gig work, you don’t make that much money after deductions
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