Basic Information
Income Information
Business Deductions
| Deduction Category | Quarterly Amount | Action |
|---|---|---|
| Home Office | ||
| Business Equipment | ||
| Professional Services |
Standard/Itemized Deductions
Tax Calculation Results
Annual Gross Income:
$0
Total Business Deductions:
$0
Net Self-Employment Income:
$0
Self-Employment Tax:
$0
Adjusted Gross Income:
$0
Taxable Income:
$0
Federal Income Tax:
$0
Total Annual Tax:
$0
Required Annual Payment:
$0
Quarterly Payment Schedule
Quarterly Payment Amount:
$0
Q1 2025
Due: April 15, 2025
Amount: $0
Q2 2025
Due: June 16, 2025
Amount: $0
Q3 2025
Due: September 15, 2025
Amount: $0
Q4 2025
Due: January 15, 2026
Amount: $0
Important Notes:
- This calculator provides estimates based on 2025 tax rates and standard deductions
- Consult with a tax professional for complex situations
- Safe harbor rule: Pay 100% of last year's tax (110% if AGI > $150k) to avoid penalties
- You must pay 90% of current year's tax to avoid penalties
- Self-employment tax rate: 15.3% (12.4% Social Security + 2.9% Medicare)
