Taxes are often not taken out of the money you're paid as an independent contractor or freelancer.
This means you're responsible for setting aside, estimating and paying your federal and state taxes (if you reside in a state with income taxes) in full, every single quarter.
It can be hard to remember to set money aside consistently, much less calculate how much you need to pay.
Catch helps make it easy to save money for taxes each time you get paid.
When you set up your Tax Goal, our quick and easy tax estimator will give you a rough sense of how much of each paycheck you should be setting aside.
Each time you get paid, you'll be able to set aside the right amount to your Catch Money account. Of course, if you'd rather skip it that week, you'll be able to do that too.
When it comes time to pay quarterly estimated taxes, you'll have the right amount already set aside and ready to go!
You can also make adjustments to your withholding percentages at any time.
Neither Catch Financial nor its subsidiaries are tax advisors. All information is provided for educational purposes only. If you have tax questions, we recommend you reach out to a tax professional.