2 DAYS LEFT: How to Avoid Underpayment Penalties скачать в хорошем качестве

2 DAYS LEFT: How to Avoid Underpayment Penalties

The Q4 estimated tax payment deadline is in 2 days — and if you have any 1099 income, side hustle income, or business income, this January 15 deadline applies to you. Missing it can trigger completely unnecessary IRS penalties and interest. In this video, Andrew (CPA & Partner at Ledgerly) explains how estimated taxes actually work, who must pay them, how much you should send in, and how to use the Safe Harbor rules to avoid penalties even if you haven’t been tracking your income perfectly throughout the year. You’ll learn: -Who MUST make a Q4 estimated payment by January 15 -The difference between 90% current-year tax vs. 100% prior-year tax -Why high earners must follow the 110% rule -How the IRS calculates underpayment penalties -How to calculate the minimum to send in and stay penalty-free Whether you’re a freelancer, consultant, Uber driver, creator, or small business owner — or you have a W-2 job plus side hustle income — this deadline matters. Get your numbers together, check your Safe Harbor thresholds, and avoid writing a bigger check than necessary in April. 📲 If you need help calculating your payments or building a 2026 tax plan, book a consultation with us — and subscribe for weekly videos on how to save on taxes, build better asset protection and work towards a tax-free retirement! #TaxTips #TaxSavings #TaxPlanning #TaxStrategy #TaxAdvisor #TaxAdvisory #EstimatedTaxes #Q4TaxDeadline #SelfEmployedTaxes #SideHustleTaxes