This is a new one for me but I bet has been asked a million times. In 2025 I’m (MFJ) getting back like 8k in taxes on basic two income payroll with std deduction. In 2026 I have a side gig that isn’t taking taxes/ssa/medicare out and could be 50-100k. Fingers crossed for the high end! 🙂
Do I have to pay estimated taxes (and ssa/medicare) before Jan or before April and how does one even do that? Prolly be in a 22/24% bracket.
Appreciate the advice
1099 for 2026 and estimated taxes/penalties
byu/sokratz intax
Posted by sokratz
3 Comments
you need to pay quarterly taxes (April, June, Sept and December) Easy way is to go online at [IRS.gov](http://IRS.gov) and pay the estimates. You will need to consider both the self employment tax as wells as the income tax
You probably are not required to make estimated payments for 2016. Odds are good that your w2 withholding is going to be enough to meet the safe harbor for 2026. Meaning you can pay the tax bill at tax time instead of quarterly for this first year
I keep hearing from hybrid workers about how they plan on estimating their taxes; I’ve been using a tool just for this. If you like I can show you what I’m doing.