There are no quarterly income reporting requirements for Federal income tax purposes. However, because you generally will have no withholding taken from your income, you may need to make quarterly estimated tax payments. For information on how to make estimated tax payments refer to Form 1040-ES (PDF), Estimated Tax for Individuals.

You need to be aware that there may be state and local requirements for estimated tax payments. You can start looking for information at How to Contact Us. You may want to go to your state's individual Web site for additional information. To access the state you need go to our Alphabetical State Index.

References:

• Form 1040-ES (PDF), Estimated Tax for Individuals
• Publication 505, Tax Withholding and Estimated Tax
• Tax Topic 355, Estimated Tax
• Publication 334, Tax Guide for Small Business
• Alphabetical State Index