# Your First Quarterly Tax Payment: A Setup Guide for Solopreneurs If you are new to self-employment, start by checking whether you expect to owe at least $1,000 in federal tax after withholding and credits. Then make your first payment through IRS Direct Pay or EFTPS, and create a separate tax reserve. This guide is about getting the system running; use our safe-harbor guide when you need calculation and penalty detail. New to self-employment taxes? Set up your first estimated-tax payment without getting lost in penalty math, annualized-income worksheets, or accountant jargon. Read the full article at https://solofilinglab.com/articles/quarterly-estimated-taxes-solopreneurs-guide