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Quarterly Tax

Estimate your IRS quarterly estimated payments to avoid underpayment penalties. Based on 2026 federal tax brackets.

1Income

$

Net profit after business expenses, before taxes

$
$

Already being withheld by an employer reduces your quarterly payments

2 Filing Status & Deductions

%
$
$

3 2026 Payment Schedule

Quarter Income Period Due Date Amount Due
Total Annual Tax Owed

Pay online at IRS Direct Pay (irs.gov/payments) — free, no account needed.

Pay Each Quarter

estimated payment

SE Tax (15.3%)
SE Tax Deduction
Federal Income Tax
State Tax
Withholding Credit
Total Still Owed

Effective Tax Rates

Federal effective rate
Total effective rate
Safe Harbor Rule: Pay at least 100% of last year's tax (110% if income over $150K) to avoid penalties — even if your actual bill ends up higher.

How Quarterly Estimated Taxes Work

The US tax system is pay-as-you-go. Employees have taxes withheld from each paycheck automatically. If you're self-employed or have untaxed income, you must pay the IRS directly four times a year using Form 1040-ES.

If you underpay, the IRS charges an underpayment penalty (currently ~8% annualized). To avoid it, your total payments must be at least 90% of your current year tax or 100% of last year's tax, whichever is smaller (the "safe harbor" rule).

2026 IRS Quarterly Due Dates

Q1 (Jan–Mar income)April 15, 2026
Q2 (Apr–May income)June 16, 2026
Q3 (Jun–Aug income)September 15, 2026
Q4 (Sep–Dec income)January 15, 2027
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About the Quarterly Tax Calculator

If you are self-employed or have income not subject to withholding, the IRS requires you to pay estimated taxes four times a year — not once at tax time. Missing or underpaying quarterly estimates triggers a penalty even if you pay in full by April 15. Our quarterly tax calculator estimates each payment based on your net self-employment income, filing status, and applicable deductions so you can set aside exactly the right amount.

How to use it

  1. Enter your estimated annual net self-employment income (gross minus business expenses).
  2. Select your filing status and whether you have other W2 income.
  3. Enter any deductions you plan to claim (QBI deduction, retirement contributions).
  4. The calculator splits your total estimated tax liability into four quarterly payments.

Formula & methodology

SE tax = Net SE income × 0.9235 × 0.153. Federal income tax = Taxable income × Applicable bracket rates. Total estimated tax = SE tax + Federal income tax − Credits. Each quarterly payment ≈ Total / 4 (equal installments, safe harbor method).

Common use cases

  • Avoiding IRS underpayment penalties as a freelancer or contractor
  • Planning cash flow around the four payment deadlines (April, June, September, January)
  • Adjusting estimates after a large new contract or slow quarter
  • Calculating safe-harbor payments based on prior year tax liability
  • Determining how much to set aside from each client payment

Frequently asked questions

Q1: April 15, Q2: June 16, Q3: September 15, Q4: January 15 of the following year. If the date falls on a weekend or holiday, the deadline shifts to the next business day.
Paying 100% of last year's tax liability (or 110% if last year's AGI exceeded $150k) in four equal installments protects you from underpayment penalties regardless of what you actually owe this year.
Only if your W2 withholding does not cover your total tax liability. You can ask your W2 employer to withhold extra on Form W-4 to cover SE income, avoiding quarterly estimates entirely.

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