Skip to main content

Original text

Powered by Google TranslateTranslate
Powered by Google TranslateTranslate
How to Calculate and Pay Estimated Taxes as a Sole Proprietor
July 29, 2021
Download Checklist

If you run your business as a sole proprietor, you may need to pay estimated taxes to the IRS throughout the year. People whose income is subject to withholding (i.e., most employees) generally don’t have to pay estimated tax. These payments cover tax liabilities not covered by withholding. If you don’t pay enough tax, either through withholding or by paying estimated taxes, you may be charged a penalty.

Download this checklist to learn how to calculate and pay estimated taxes as a sole proprietor.

You will learn:

  • If you need to pay estimated taxes
  • What are the exceptions
  • What are the deadlines
  • How to calculate your taxes
  • What forms you need
1165 Herndon Parkway, Suite 100
Herndon, VA 20170

Copyright © 2023 SCORE Association,

Funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.

Chat generously provided by:LiveChat

In partnership with
Jump back to top