Chime In Consultancy

Chime In Consultancy

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04/29/2026

💰 Don't owe a big tax bill next April — pay estimated taxes quarterly!
If you're self-employed, a 1099 worker, landlord, or have any income without taxes withheld, the IRS expects you to pay as you go — 4 times a year. Here's how:
Step 1: Estimate your income for the year and subtract your deductions.
Step 2: Use the 2026 Tax Rate Schedules to find your bracket (Single, Married, Head of Household, etc.) and calculate what you'll owe.
Step 3: Divide that number by 4 — that's your quarterly payment.
📅 2026 due dates:
Q1 → April 15 | Q2 → June 16 | Q3 → Sept 15 | Q4 → Jan 15, 2027
How to pay: Go to irs.gov/payments and use IRS Direct Pay — it's free, fast, and no account needed. You can also use the IRS2Go app or mail a check with Form 1040-ES.
Pro tip: As long as you pay at least 90% of what you owe this year (or 100% of last year's tax), you avoid underpayment penalties entirely!
Share this with someone who doesn't know about estimated taxes — it could save them a lot of stress! 🙌

04/27/2026
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