Quarterly
“I missed the April and June quarterly estimated tax deadlines completely, should I double up on my September payment to avoid penalties?”
Missing earlier quarterly estimated tax payments can affect how penalties are calculated, but the answer often depends on total year-to-date income, withholding, and whether income is uneven across the year. A September payment may be viewed in light of what was already paid, what is still expected for the year, and whether any safe-harbor style comparison applies in the background. The timing of the missed April and June installments, plus any wage withholding or other credits, can also change the outcome. Going through your records with a CPA usually surfaces the answer in under an hour.
In your 30-minute session, the KGOB advisor handling it will:
- Read your exact situation and tell you, in plain English, what’s actually going on.
- Lay out your options and the trade-offs — no jargon, no judgment.
- Give you a clear next step you can act on, whether that’s with us or on your own.
“My freelance income fluctuates wildly from month to month, how do I calculate estimated taxes using the annualized income installment method?”
“I just started a new side hustle in late November, do I have to make a quarterly payment in January for just two months of part-time work?”
“I am filing jointly with my spouse who has a W-2 job, do we make one combined quarterly estimated tax payment or do I file separate ones?”
“My business took a massive loss in the first quarter, do I need to submit a form proving I owe zero estimated taxes for that specific period?”
This page is a prompt to start a conversation, not tax or legal advice, and states no tax-law specifics as fact. A consult session does not by itself create an ongoing engagement. We do not promise specific outcomes or savings. Kohari Gonzalez Oneyear & Brown PLLC — Charlotte, NC.
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