If you’re a taxpayer who needs to make quarterly estimated tax payments, mark your calendar for Sept. 15. That’s the due date for the third estimated payment for 2024. You should generally make estimated tax payments if you have taxable income that isn’t subject to withholding and you expect to owe tax of at least $1,000 at tax filing time. Estimated payments are used to pay not only income tax but also self-employment taxes and more. The rise of the gig economy in recent years means more workers, such as rideshare drivers, are now required to make estimated tax payments or face penalties. Contact us if you’d like more information or click here: https://bit.ly/3z8pohG . © 2024