Quarterly Tax Estimator
Estimate your quarterly estimated tax payments.
Calculate how much to pay each quarter based on expected income and deductions.
Quarterly estimated tax payments are required if you expect to owe $1,000+ in taxes and don"t have sufficient withholding (self-employed, freelancers, investors).
Taxable Income = Expected Annual Income - Deductions
Estimated Annual Tax = Taxable Income × Effective Tax Rate
Quarterly Payment = Estimated Annual Tax / 4
2024 US Federal Tax Brackets (Single):
| Income Range | Rate |
|---|---|
| $0 – $11,600 | 10% |
| $11,601 – $47,150 | 12% |
| $47,151 – $100,525 | 22% |
| $100,526 – $191,950 | 24% |
| $191,951 – $243,725 | 32% |
| $243,726 – $609,350 | 35% |
| $609,351+ | 37% |
Self-employment tax adds 15.3% (12.4% Social Security + 2.9% Medicare) on top of income tax.
Due dates (US):
- Q1: April 15
- Q2: June 15
- Q3: September 15
- Q4: January 15 (next year)
Safe harbor rule: Pay at least 100% of last year"s tax (110% if income > $150,000) to avoid penalties.