Tax Questions
 

When to pay estimated taxes?

 

Estimated tax payments are due quarterly. Below are the dates that you must make estimated tax payments by for most taxpayers whose tax year begins on January 1.

Payment period
Estimated tax due date
Jan 1 - March 31 April 15
April 1 - May 31 June 15
June 1 - August 31 September 15
September 1 - December 31 January 15 (following year)

That means on April 15, if you owe estimated taxes for the first pay period of the year, then your first estimated tax payment is due at the same time as your federal tax payment and your state tax payment.

 

What is the estimated tax payment due date is a Saturday, Sunday or a federal holiday?

If the due date of the estimated tax payment falls on a Saturday, Sunday or a federal holiday, then your estimated tax payment is considered to have been paid on time if you make it on the next business day. For example, if the due date the estimated tax payment is on a Sunday, then you can make the estimated payment on the Monday following that Sunday.

 

What is the special rule for estimated tax payment in January?

Usually your last estimated tax payment is due on January 15th of the following year. However, if you file your federal tax return by the beginning of February, then you can wait to pay your last estimated tax payment with your annual federal tax return. For example, if you file your 2008 tax return by February 2, 2009, then you do not have to pay the estimated tax payment by January 15, 2009 but can pay it with your 2008 tax return.