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kymberliej
Level 1

Working on paying Q1 and Q2 taxes for self employment, but I am not able to select Q2. Is anyone else running into this or have a work around?

 
1 Comment 1
katherinejoyceO
QuickBooks Team

Working on paying Q1 and Q2 taxes for self employment, but I am not able to select Q2. Is anyone else running into this or have a work around?

Hello there, @kymberliej.

 

Welcome to the Community. To shed some light, QuickBooks Self-Employed will only allow you to make another payment after the payment for the first quarter (Q1) is posted and categorized in your connected bank account. 

 

However, you can bypass this by manually recording the Q1 payment in advance. This is to trigger the system to let you pay the taxes for the second quarter (Q2). 

 

Here's how:

  1. Go to the Transaction menu and click on Add Transaction.
  2. Set the date between January 1 to March 31 (Quarter 1). 
  3. Add the transaction description and amount paid.
  4. Click the Select a category link and choose Estimated taxes.
  5. Select Save when you're done. 

 

This will now show your Q2 taxes and let you pay it. Check out this article for additional insights: Pay federal estimated quarterly taxes.

 

To avoid duplicates in the future, you can delete the manually added Q1 payment, and categorize the downloaded transactions from your bank. You can also leave it as it is and just exclude the downloaded one. 

 

To know more on how we estimate your federal quarterly tax payments, read through this article: How QuickBooks Self-Employed tracks self-employment taxes

 

Feel free to message again if you have additional questions. We're always delighted to assist. 

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