you will have to pay taxes quarterly Have you ever tried not paying your taxes quarterly? The penalty is only a few hundred dollars. As in, one or two billab

you will have to pay taxes quarterly Have you ever tried not paying your taxes quarterly? The penalty is only a few hundred dollars. As in, one or two billable hours. As in, not enough to justify taking time off from paying work to do them those extra three times a year. In years where my memory is especially good and I remember that I'm supposed to do quarterly taxes, I'll send off an enormous check at some point over the summer for about what I paid in taxes the year previous, with my SSN scribbled on it. That's actually surprisingly effective. Most years, I let it slide and simply tack on an extra 0.4% to my total tax bill in April.