If you’re a freelancer, contractor, or small business owner, you’re responsible for paying your own taxes — and that means remembering your quarterly estimated tax deadlines. Missing these deadlines can result in penalties and interest.
Note: When the deadline falls on a weekend or holiday, it moves to the next business day.
You must make estimated tax payments if:
Estimate your total yearly income and self-employment tax, then divide it by four payments. You can adjust quarterly as your income changes.
Sam expects to earn $80,000 freelancing in 2025. He estimates $20,000 in taxes for the year. He pays $5,000 quarterly to stay caught up.
Don’t want to miss a deadline? Use our free Self-Employed Tax Calendar to track your quarterly payments and important tax dates all year long.
For official IRS due dates and payment instructions, visit the IRS Estimated Taxes page.