Tag: estimated tax

Posts Tagged ‘estimated tax’

Tax Deadlines for the 2019 Tax Season!

Posted by Manisha Hansraj on April 12, 2019

Last modified: April 12, 2019

2019 tax deadlines

Important upcoming deadlines you need to know.

Tax season is a stressful time for some taxpayers. However, knowing each tax deadline will give you a heads up so you know how to stay on top of your game.

For all the 2019 tax deadlines that are left, take a look at the list of due dates below.

April 15, 2019

Individual Income Taxes deadline
Last day to file and pay if you owe taxes to the IRS without accumulating penalties
Final day to file a tax extension to the IRS
First Estimated Quarterly Tax Payment due
Sole proprietor, LLC, and corporation taxes due
IRA contribution deadline
Last day to postmark, paper-file and claim your 2015 refund

April 17, 2019

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Tags: 2015 refund, 2018 tax return, 2018 taxes, 2019 tax season, deadline for taxes 2018, estimated tax, estimated tax payment, extension deadline, failure-to-file, failure-to-pay, form 1040, IRS penalties, late filing penalty, Maine, Massachusetts, natural disaster, paperfile, statute of limitations, tax deadline, tax extension, tax refund
Category: Tax and Life Changes, Tax Deadlines, Tax for Business, Tax News, Tax Tips and Tricks, Taxes for Prior Years
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What is the Estimated Tax Payment Schedule?

Posted by Manisha Hansraj on August 7, 2018

Last modified: February 22, 2019

Do you need to make estimated tax payments?

Typically, if you receive a W-2, your taxes are automatically withheld. However, if you earn money from self-employment, interest, dividends, or rents, you will have to make estimated tax payments. This ensures that you’re paying your taxes.

Read on to find out the estimated tax payment schedule for 2019.

Estimated Tax Payment Due Dates

Generally, taxpayers can figure their estimated taxes and pay four equal portions of it throughout the year. You can also choose to pay your estimated tax by the tax deadline.

For instance, you can pay your estimated tax by April 15, 2019 or the dates below.

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Tags: 2018 estimated tax due dates, april 17, estimated tax, estimated tax payment, interest, January 15, June 15, late filing penalty, nonresident, past due, september 17, tax liability, underpayment, underpayment of estimated tax
Category: Tax Tips and Tricks
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How to Pay Estimated Tax

Posted by admin on September 17, 2012

Last modified: December 20, 2016

The self-employed must make estimated tax payments to the IRS at least four times a year

If you’re an employee who earns all of his income in wages or salary, and gets a paycheck with taxes withheld, you can stop reading right now. Tax payments are already made on your behalf and you don’t need to worry about paying estimated taxes.

But if you’re self-employed, or receive any other unorthodox income, read on. You will almost certainly need to know about estimated tax.

Estimated tax is how you pay tax on income that is not subject to withholding. This includes income from self-employment, interest, dividends, rents, alimony, etc. In addition, you may also need to make estimated tax payments if you do not elect to have taxes taken out of your unemployment compensation or taxable social security payments.

Do I have to file estimated tax?

To get down to the nitty-gritty, the IRS requires you to pay estimated tax if you meet both of the following conditions: (more…)

Tags: estimated tax, self-employed
Category: Tax Tips and Tricks
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