Self-employment income isn't taxed at the source, so the IRS expects four estimated payments a year. Enter your figures to see roughly how much to set aside each quarter.
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For most filers, on or around April 15, June 15, September 15, and January 15 of the following year.
Overpayments come back as a refund or roll into next year, but underpaying can trigger penalties, so erring slightly high is safer.
Only if you enter a state rate. Rules vary widely by state, so treat the state figure as a rough estimate.
You can, but you may owe underpayment penalties. Quarterly payments avoid that.
These calculators provide rough estimates using current federal figures and general assumptions. They do not account for every credit, deduction, or your full situation, and they are not tax advice. For precise numbers, speak with a CPA.