anthony_jackson31•13d agoProlific Poster

Switched from quarterly estimates to paying taxes monthly this year

I used to just guess at quarterly payments every 3 months and always ended up scrambling to find the cash. Now I set aside 25% of every freelance check automatically into a separate savings account and pay the IRS each month online. Has anyone else tried monthly payments and noticed they stress less about the lump sums?

3 comments

3 Comments

ward.diana13d ago

Yeah the monthly habit makes the sting way smaller compared to that one big painful payment.

cora_west513d ago

Splitting mine into monthly payments saved me from skipping the whole thing.

sagejackson13d ago

Used to hate yearly payments but @ward.diana made me reconsider.