26 days. That’s how long you have until the June 15 Q2 estimated tax deadline.
If you’re a freelancer, independent contractor, or self-employed professional, Wednesday morning is the perfect time to get ahead of your quarterly taxes. Here’s your action checklist for today:
1. Run Your Q2 Income Report
Open your banking app or accounting tool and pull all income received April 1 – June 15. You need this number to calculate what you owe.
2. Categorize This Week’s Receipts
Every business expense you haven’t logged yet is money left on the table. Meals, software subscriptions, home office, mileage — it all counts. Download BudgetX free and scan them in 30 seconds each.
3. Calculate Your Estimated Payment
Use the IRS Safe Harbor rule: pay at least 90% of this year’s tax liability OR 100% of last year’s. Most freelancers owe 25-30% of net self-employment income.
4. Set a Payment Reminder for June 13
Give yourself 2 days buffer before the June 15 deadline. IRS Direct Pay accepts payments up to 30 days in advance.
5. Review Your Q3 Projection
While you’re in the numbers, project your Q3 income. The next deadline is September 15 — that’s only 87 days after June 15.
The Freelancer’s Secret Weapon
The biggest mistake freelancers make is losing receipts. Every missing receipt is a missed deduction. BudgetX uses AI to scan, categorize, and organize your receipts automatically — so when June 15 comes, you’re ready in minutes, not hours.
26 days is enough time — if you start today.