FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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enrollment_id=80494010#m02c-taxes-for-gig-workers/a01/p06
Taxes for Gig Workers
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?
for might thvor
Type in payment amounts in each open field.
Payment of
Payment of
Payment
of
Submit
April 15
hp
June 15
September
15
Not Quite.
Divide Chinwe's tax bill into four equal payments Each
payment should be for the same amount and typed into all
fields
expand button
Transcribed Image Text:enrollment_id=80494010#m02c-taxes-for-gig-workers/a01/p06 Taxes for Gig Workers 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? for might thvor Type in payment amounts in each open field. Payment of Payment of Payment of Submit April 15 hp June 15 September 15 Not Quite. Divide Chinwe's tax bill into four equal payments Each payment should be for the same amount and typed into all fields
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