How to File Quarterly Taxes

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Filing quarterly taxes are for people who don't have a W-2, so one fourth of the payment is due April 15th for the previous year, the second fourth is due on June 15th, the third fourth is due on September 15th, and the remainder is due on January 15th. File taxes quarterly with information from an IRS tax agent in this free video on personal finance.

Part of the Video Series: Paying Taxes
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Video Transcript

On this segment, we'll talk about how to file your quarterly taxes. Your quarterly taxes are based on your previous year's income. Now, these are filed by people who don't have a W-2 and, so, have not had any withholding taken out. You take the amount, the total amount owed the previous year, to the Internal Revenue, divide that by four and one-fourth of that payment gets mailed in on April 15th, one-fourth June 15th, one-fourth September 15th and the last payment January 15th. Now it's, the first payment is due April 15th but that is for the following year. You will have done your taxes that are also due April 15th for the past year, so keep it straight: They're two separate things. Thank you very much.


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