estimated tax payments\nas an employee, some of your taxes are paid with each paycheck throughout the year…

estimated tax payments\nas an employee, some of your taxes are paid with each paycheck throughout the year. but as a self - employed business owner, you need to estimate what you will need to pay in the upcoming year and make payments four times a year, or quarterly.\nif chinwe owes $2,164.00, what would her quarterly payments be?\ntype in payment amounts in each open field.\npayment of april 15\npayment of june 15\npayment of september 15\npayment of january 15

estimated tax payments\nas an employee, some of your taxes are paid with each paycheck throughout the year. but as a self - employed business owner, you need to estimate what you will need to pay in the upcoming year and make payments four times a year, or quarterly.\nif chinwe owes $2,164.00, what would her quarterly payments be?\ntype in payment amounts in each open field.\npayment of april 15\npayment of june 15\npayment of september 15\npayment of january 15

Answer

Explanation:

Step1: Identify total tax and number of payments

Total tax = $2164$, number of quarterly payments = 4.

Step2: Calculate quarterly payment amount

Quarterly payment = $\frac{2164}{4}=541$.

Answer:

$541$ for each of the fields (April 15, June 15, September 15, January 15)