Tax · 6 min read
Quarterly Estimated Taxes for Small Business Owners
If you'll owe more than $1,000 in tax for the year and aren't having enough withheld, the IRS expects four estimated payments — or it adds an underpayment penalty.
Who has to pay
- Sole proprietors and single-member LLCs
- Partners, S-Corp owners, and most LLC members
- W-2 earners with significant side income
- Landlords with positive net rental income
Due dates each year
- Q1 — April 15
- Q2 — June 15
- Q3 — September 15
- Q4 — January 15 of the following year
