Estimated tax tracker for freelancers and the self-employed

An estimated tax tracker is software that keeps a running estimate of the tax you owe on self-employment income, so you know what to pay each quarter. Numeris Ledger builds that estimate from your real bank transactions and recalculates federal, state and self-employment tax whenever income or expenses change, instead of relying on a spreadsheet you update by hand.

It applies current federal, state and self-employment tax rules to your year-to-date net income. Transactions import from your bank through Plaid and are categorized automatically, so the estimate updates as you earn and spend. On Plus, our CPA reviews your books every month, so a miscategorized expense doesn't quietly skew your number.

Yes. Numeris Ledger estimates state income tax alongside federal income tax and self-employment tax, so the amount you set aside covers all three. State due dates and rules vary, so check your state tax agency's schedule, or ask our CPA if you're unsure what your state requires.

Generally April 15, June 15, September 15 and January 15 of the following year. Each payment covers a different stretch of income: January to March, April to May, June to August, and September to December. When a date falls on a weekend or federal holiday, the deadline moves to the next business day.

Yes, if you use it to pay enough on time. The penalty generally doesn't apply when your withholding and on-time payments reach a safe harbor: 90% of this year's tax, or 100% of last year's (110% if last year's AGI was over $150,000, or $75,000 if married filing separately). Numeris Ledger keeps this year's estimate current so you can compare what you've paid against it. Confirm your safe harbor with the IRS or our CPA.

It can be, if you update it every time you are paid or spend money on the business. Most people don't, so the number is out of date just when a payment is due. Numeris Ledger imports transactions automatically and recalculates your estimate as they arrive, so the figure is current whenever you check it.

Estimated tax calculations are included in every plan. Basic is $39/month and Plus is $79/month, both after a 7-day free trial. Plus adds unlimited bank accounts, a monthly review of your books by our CPA, Schedule C generation and the AI Tax Assistant.