For estimated tax purposes, the year is divided into four payment periods. Each period has a specific payment due date. If you don't pay enough tax by the due date of each payment period, you may be charged a penalty even if you're due a refund when you file your income tax return at the end of the year.
|
Estimated Payment |
Pay Period | Taxes Due |
| Payment 1 | Jan 1 – Mar 31 | Apr 15 |
| Payment 2 | Apr 1 – May 31 | Jun 15 |
| Payment 3 | Jun 1 – Aug 31 | Sep 15 |
| Payment 4 |
Sep 1 – Dec 31 |
Jan 15 (following year) |
Please note that some dates may vary from year to year. We always recommend that you consult an accountant or visit the IRS website for more information.
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