ESTIMATED TAX PAYMENTS FOR BUSINESS OWNERS

Learn about estimated tax payment requirements and how they work with our free PDF.

If you file as a sole proprietor, partner, S corporation shareholder, and/or a self-employed individual, you generally have to make estimated tax payments if you expect to owe tax of $1,000 or more when you file your return.

At Claremont Management, we make this task easy for our clients providing them with preprinted quarterly payment vouchers based upon their previous year's tax returns. If you would like to learn more about Estimated Taxes, we've put together a brief, two-page handout in PDF format that explains in greater detail how estimated taxes work, who has to pay estimated taxes and who does not, when they are due, penalties for underpayment, and more.

File size: Approx. 255 KB

Download Handout on Estimated Taxes (PDF)