The magic number (generally speaking) is $1,000:
If you expect to owe more than $1,000 in taxes for the year, you may need to pay quarterly taxes using Form 1040-ES to avoid tax penalties.
Your History & Earnings Page tracks your income in real time to help you keep track of how much money you should set aside for tax season. Hop over here to break your income down quarterly and calculate quarterly taxes. We’ve also listed the quarterly tax due dates for your convenience.
📢 Disclaimer: We are not tax professionals, and Roo does not provide tax, legal, or accounting advice. Our resources are for informational purposes only, and we always recommend speaking with a professional for guidance tailored to your situation.