Tax Estimates | The TurboTax Blog

Self-Employed

Self-Employed? Don’t Forget About the Estimated Tax Deadline

July 7, 2020 / TurboTaxLisa

If you’ve taken the plunge into self-employment, congrats on being your own boss! Whether you’re working as a contractor or making money in the fast-growing sharing economy, don’t forget you may need to pay quarterly estimated taxes. The first and...

Full Story

Self-Employed

Is Your Pet Insta Famous? Here’s What It Means for Your Taxes

April 11, 2020 / TurboTaxBlogTeam

Does your pooch have more Instagram followers than you do, receive free doggy swag bags and seem to be all-around living his #bestlife? If your furbaby is making money as an influencer, it could be viewed by the IRS as...

Full Story

Self-Employed

Moving from Employee to Self-Employed? Here’s What it Means to Your Taxes

December 18, 2019 April 10, 2020 / Jim Wang

Starting your own self-employed business, or even a side hustle, can be an exciting time. It can also be an uncertain time as you try to navigate an area of your business that you probably didn’t spend much time thinking...

Full Story

Self-Employed

Self-Employed Tax Tips & Summer Jobs

May 16, 2019 July 12, 2019 / Ginita Wall, CPA, CFP®

Ah, summer – the time of year when some people dive into entrepreneurship. Whether it’s a summer job, a part-time gig, a side-hustle or a small business, you may be considered self-employed. If that’s you or someone you know, here...

Full Story

Self-Employed

The TurboTax Guide to Avoiding Estimated Tax Penalties

April 10, 2019 April 11, 2019 / Jim Wang

If you’re self-employed, estimated taxes are a part of your business life. This means you may need to send quarterly estimated taxes four times a year (in April, June, September, and January). Your taxes require a different kind of attention...

Full Story

Self-Employed

Social Media Influencers: A Guide to Your Tax Return (and All the Free Stuff You Receive)

July 23, 2018 March 9, 2020 / Ginita Wall, CPA, CFP®

Are you a social media influencer or a well-followed blogger? You may be having fun while working and promoting your favorite brand, but if you are being financially rewarded, the IRS says that you are a business – a self-employed,...

Full Story

Self-Employed

How Do I Amend My Previous Quarterly Estimated Tax Payment?

August 24, 2017 / Jim Wang

Millions of people make quarterly estimated tax payments during the year in lieu of income tax withholding. Learning about quarterly estimated tax payments is a rite of passage for any self-employed business owner. If you are required to pay tax...

Full Story

Self-Employed

Real Talk: I Missed the Estimated Tax Deadline. What Should I Do?

August 21, 2017 September 7, 2017 / TurboTaxLisa

Life gets busy when you’re running your own business. If you missed the estimated tax deadline, don’t worry. At least you’re conscious of the date and you know that estimated taxes exist. If the date passed you by, here are...

Full Story

Self-Employed

Three Reasons to Track Finances Year Round When You’re Self-Employed

April 28, 2017 / Jim Wang

Being your own boss can be liberating and terrifying at the same time. You set your own hours, decide your path and keep what you earn. You are also responsible for finding new work, building relationships and you aren’t paid...

Full Story

Self-Employed

Tax Tips for People New to Freelancing

December 13, 2016 March 13, 2017 / Brie Weiler Reynolds

If you’re a first-time freelancer, it may be a bit nerve-wracking to think of handling your own taxes as a newly self-employed filer. But with a little organization and forethought, managing your taxes is actually quite doable! Even if you’re freelancing as...

Full Story

The Tax Deadline is July 15th. Find out more information here.

Search the Blog

Latest tax and finance news and tips

Search TurboTax Support

FAQ’s and community answers