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Estimated taxes for drivers★ 200+ Google Reviews

Quarterly taxes for drivers: avoid the April shock.

Apps don’t take taxes out of your pay. If you expect to owe, the IRS wants payments during the year, not all at once in April.

Due dates

Estimated tax due dates

Income earnedEstimated tax due
September – December 2026January 15, 2027
January – March 2027April 15, 2027
April – May 2027June 15, 2027
June – August 2027September 15, 2027

If a date falls on a weekend or holiday, the deadline moves to the next business day. New York also has estimated tax payments.

Source: IRS: Estimated tax

Example

What a driver owes in self-employment tax

Example

Hamza’s 2026 driving profit is $43,850.

$43,850 × 92.35% × 15.3%
Self-employment taxabout $6,196

That’s before regular income tax and New York tax. Spreading payments across the year avoids a big bill and penalties.

Source: IRS: Self-employment tax

One visit, everything done

File your taxes and handle your TLC insurance in the same office.

Thousands of New York City drivers already insure with Syed Insurance Agency. Now the same office prepares your taxes too, with a licensed CPA, at the best price in the market. Bring your Uber or Lyft tax documents and your TLC policy, and we take care of both.

Questions

Frequently asked

What happens if I don’t pay quarterly?

You may owe an underpayment penalty on top of the tax. It’s usually small compared with the tax itself, so start paying as soon as you can.

How much should I pay each quarter?

It depends on your profit, deductions and family situation. A CPA can calculate it at your free consultation.

Sources: IRS: Estimated tax · IRS: Self-employment tax

Figures and rules on this page come from the official and published sources linked above, as of November 2026. People and numbers in the examples are made up to explain the idea. This page is general information, not tax or legal advice for your situation, and laws change; check the linked source or ask a licensed CPA before you act.

Book your free consultation.

Sit down with a licensed CPA to review your business structure and plan your 2026 and 2027 tax returns.