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IRS deadline approaching for self-employed workers [Video]

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Side Hustle

BIRMINGHAM, Ala. (WBRC) – A deadline is approaching for those who are self-employed or have a side hustle. The IRS is expecting some tax payments from you.

Most are used to hearing about the April 15 tax deadline every year, but those who are self-employed must make tax payments four times each year.

Monday, Sept. 16 is the third quarter deadline for all the income earned between June 1 and Aug. 31.

Mark Steber, Jackson Hewitt Chief Tax Information Officer, says there are 30 to 40 million people across the country who are self-employed and will need to make a payment.

He says those who don’t pay on time risk penalties, under-payment, interest, and more.

“If you’re having a good year, and you’re probably happy, that probably means you have a tax liability obligation and if you’re not paying attention and you’re self-employed, playing clean up on tax day next April is a really …

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