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@forgingtowards

Replying to

@liminal_warmth

when i was a consultant i freaked out about prepaying on time and with enough money i have been told by some much more experienced freelancers that the fee for not-prepaying is not large compared to investing the amount ymmv

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@forgingtowards

Replying to

@liminal_warmth

this site says 0.5% per month of unpaid amount. if your tax burden for a quarter is $10k, that's $50/mo. so not paying the final quarter's estimated puts you at ~$150 penalty. less if your burden is less a-ccpa.com/content/taxgui

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Replying to

@liminal_warmth

and

@forgingtowards

I've never paid quarterly taxes before, I pay it all in one lump sum at the end of the tax year, which has a different sort of sting.

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Replying to

@liminal_warmth

and

@forgingtowards

I'm talking my personal independent contracting income... I think I did pay a fee but I don't think it was big

5:37 PM · Sep 3, 2020