Quarterly Estimated Tax
for Fellowship Recipients
Is income tax NOT being withheld from your PhD fellowship paychecks?

Not a problem!

This workshop shows you exactly how to calculate and make your federal income tax payments, whether once per quarter or once per year.
Why Should You Purchase This Workshop?
Simply put: The workshop takes all the stress and struggle out of estimating your tax liability on your fellowship income and determining whether you are required to pay your income tax quarterly.

This workshop is explicitly designed for PhD trainees with non-W-2 fellowship or training grant income. That means I won't waste your time covering topics irrelevant to you.

Right off the bat, I clarify exactly which types of PhD trainee income are potentially taxable.

The workshop walks you step-by-step through filling out the Estimated Tax Worksheet in Form 1040-ES, which is how you calculate your income tax due for the year and determine whether you are required to make quarterly payments.

Alternatively, if you want to cut to the chase, I explain a shortcut method that will take you only minutes!

The workshop includes how to handle several special scenarios that are common for PhD fellows, such as:

  • Receiving fellowship and W-2 income simultaneously
  • Switching onto or off of fellowship income during the calendar year
  • Being married (to someone with W-2 income)
  • Being under age 24 on 12/31
  • Having had no tax liability in the prior tax year

Finally, the workshop lays out all your options for actually paying your quarterly estimated tax (if you are required to). There are special payment options available for Quarter 1 and Quarter 4, which are covered as well.

What Is the Cost?

The fee to join the Personal Finance for PhDs Community, which includes Quarterly Estimated Tax for Fellowship Recipients, is $30 per month.

What to Expect from the Workshop
To access the workshop, you will join the Personal Finance for PhDs Community. Quarterly Estimated Tax for Fellowship Recipients is just one of the many pieces of content in the Community (more on that below).

Once you join the Community, you will have access to the 26 (short!) workshop videos and the spreadsheet to help you with the Estimated Tax Worksheet calculations. You can work through the videos at your own pace. You will maintain access to these workshop files for as long as you remain in the Community, and I will update them in the first quarter of each year.

As a member of the Community, you can also receive individualized assistance with your Estimated Tax Form through:
  • Attending the once-per-quarter Q&A call just for participants in Quarterly Estimated Tax for Fellowship Recipients
  • Creating a thread in the Community Conversations Forum to ask your question—I (and possibly other Community members) will address it
  • Asking a question during the Community's live once-per-month discussion call
The next live Q&A call is on 9/12/2020!
Who Is This Workshop for?
This workshop is for graduate students, postdocs, and postbacs with PhD-type fellowship or training grant income not reported on a Form W-2.

This workshop is for US citizens and residents for tax purposes.
What Past Workshop Participants Say
"Thanks a lot for your workshop! You provided very digestible instructions for what is an incredibly confusing process. I appreciate it!"

- Cate (2020)
The next estimated tax deadline is
Frequently Asked Questions About This Workshop
How much time does the workshop take?

The workshop includes 26 short, narrowly defined videos, so you can easily choose to watch only the ones relevant to your particular situation. If you have a simple situation, you can complete the workshop in about an hour, or even minutes if you use the shortcut method.

Do I need to know anything about taxes?

The workshop assumes you have no familiarity with the tax system and explains everything you need to know from the ground up.

Do I need to fill out any tax forms? They are intimidating!

You only need to fill out a handful of lines on the Estimated Tax Worksheet, and the workshop includes a spreadsheet to assist you with the calculations if you find the instructions confusing.

What if I have questions that the workshop videos don't answer?

The workshop walks you step by step through everything you need to know, and if you are ever unclear about something, you can come to a live Q&A call to clear it up!

Want to learn about all the OTHER great content and support
included with your membership
to the Personal Finance for PhDs Community?
Yes, tell me more!