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\napril 15\npayment of\njune 15\npayment of\nseptember 15\npayment of\njanuary 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\napril 15\npayment of\njune 15\npayment of\nseptember 15\npayment of\njanuary 15

Answer

Explanation:

Step1: Divide total tax by 4

To find quarterly payments, divide the total tax owed by 4 since there are 4 quarterly payments in a year. The total tax owed is $2164. So the calculation is $2164\div4$. $2164\div4 = 541$

Answer:

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