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.
|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|
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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