Quarterly Taxes

[Unregistered]

Do home daycares have to do quarterly taxes?

[Unregistered]

OP here, forgot to add that I am married and we file jointly.

[hwichlaz]

only if you expect to owe money

[TomCopeland]

Estimated taxes

Do home daycares have to do quarterly taxes?

Your family must pay in at least 90% of what you owe each quarter of the year to avoid a penalty. If your husband withholds enough to cover your taxes, then you don't have to file quarterly estimated taxes. If you get a refund or owe less than 10% of your taxes come tax time, then you don't need to file quarterly estimated taxes.