Tax
Calculate Quarterly Estimated Tax Payments
Calculate how much to pay each quarter. Avoid IRS underpayment penalties for freelancers and business owners.
In this article
Schedule
15 June: 15%। 15 Sep: 45%। 15 Dec: 75%। 15 March: 100%। Tax liability ₹10,000+ = advance tax mandatory। Late: 1% interest/month (Section 234C)। Set aside 25-30% of every payment received।
Tips
Separate bank account for tax। Auto-transfer 25-30% of every receipt। Never get surprised by March demand।
⚡ CalcWolf Insight
The easiest way to handle quarterly taxes: open a separate savings account and transfer 30% of every freelance payment into it immediately. Then pay quarterly taxes from this account. This removes the temptation to spend tax money and ensures you always have enough for quarterly payments.
Frequently asked questions
कब pay?▾
June 15, Sep 15, Dec 15, March 15।
कितना set aside?▾
25-30% of every receipt। Separate account।
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