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Tax set-aside
Nobody's withholding taxes out of your settlements โ that's on you. Here's a rough number to park in a separate account so a quarterly bill doesn't blindside you, based on your profit for the period you pick.
Suggested set-aside ยท 2026 so far
$4,756 โ $5,707
That's 25โ30% of your $19,023.50 net profit in 2026 โ the rule of thumb most owner-ops use to cover federal income tax plus self-employment tax. Move it to a separate account and don't touch it.
Quarterly estimated-tax deadlines ยท 2026 โ tap one for its own number
Q1
April 15, 2026
covers Jan โ Mar
Q2
June 15, 2026
covers Apr โ May
Q3
September 15, 2026
covers Jun โ Aug
Q4
January 15, 2027
covers Sep โ Dec
Dates roll to the next business day if they land on a weekend or holiday. The payment periods aren't equal quarters โ Q2 covers two months, Q4 covers four.
This is a rule-of-thumb guide to help you plan โ not tax advice, and HaulProof isn't your accountant. Your real number depends on your filing status, your state, your deductions, and any other income. Check with a CPA or tax pro before you file or pay.