Do I Need to File Quarterly Tax Payments?
In the United States, income taxes are regularly collected. For most individuals, this entails employers deducting federal and state taxes from each paycheck. However, in certain circumstances, it might be prudent to arrange quarterly tax payments, particularly if you're self-employed or receive substantial additional income such as RSUs or commissions.
Key Topics:
Do I Need to Pay Quarterly Taxes? (00:44)
Managing Payments Throughout the Year (01:50)
W4 Withholding and Avoiding Underwithholding Penalties (02:10)
Where Quarterly Tax Payments May Be More Appropriate (03:33)
Bottom Line - Depends on Your Circumstances (06:55)
How to Set Up Quarterly Tax Payments via IRS Direct Pay (07:22)
This Episode is intended to be financial education only and is not intended to be specific tax, legal, or investment advice. Please consult a professional for specific advice.
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