Estimated Tax
TaxesQuarterly tax payments made by self-employed individuals and others without sufficient tax withholding.
Example
Example: On a $75,000 salary, understanding estimated tax could save you hundreds or thousands at tax time. For instance, if you are in the 22% marginal bracket, knowing how estimated tax works helps you make smarter decisions about deductions, credits, and withholding. Check your tax picture with our income tax calculator.