Video Tips: Don't Forget to Make 2024 Estimated Tax Payments
Self-employed taxpayers and those not subject to income tax withholding should remember to make their estimated tax requirements.
March 25, 2024
Unlike employees, who have taxes withheld from their wages, self-employed individuals must prepay their taxes by making periodic estimated tax payments. However, self-employed people are not the only ones who are subject to the estimated tax requirements; these rules also apply to anyone who has income that is not subject to withholding and even to those whose taxes are not sufficiently withheld.
