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

estimated tax payments as 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. if chinwe owes $2,164.00, what would her quarterly payments be? type in payment amounts in each open field. payment of april 15 payment of june 15 payment of september 15 payment of january 15 submit

estimated tax payments as 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. if chinwe owes $2,164.00, what would her quarterly payments be? type in payment amounts in each open field. payment of april 15 payment of june 15 payment of september 15 payment of january 15 submit

Answer

Explanation:

Step1: Divide total tax by 4

To find quarterly payments, divide the total tax owed by 4 since there are 4 quarters in a year. The total tax owed is $2,164.00. So the calculation is $2164\div4$. $2164\div4 = 541$

Answer:

April 15: $541$ June 15: $541$ September 15: $541$ January 15: $541$