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WHAT IS AN ESTIMATED TAX PAYMENT? These are payments of the estimated income tax you owe on these sources of income, paid quarterly in advance of the date you. Self-employed people and independent contractors have to pay tax on their estimated annual income in four payments, spread out over each year. These payments. For nearly all taxpayers, the due date for the first estimated tax payment of each year is April 15 — the same day the return is due for the previous year.

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Estimated tax payment is due by January 15 of the following year. Always refer to the IRS website when scheduling your payments. There may be changes to the tax. When it comes to determining quarterly payments on Form , the IRS takes a simplified approach by dividing your total estimated taxes into four equal. Once in the system, estimated payment vouchers will be sent by the IRS at the end of the tax year. You are responsible for paying estimated taxes whether the.

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Where do I go for tax forms? Why did I receive a tax bill for underpaying my estimated taxes? When do I file an amended (corrected) return? What is a. For nearly all taxpayers, the due date for the first estimated tax payment of each year is April 15 — the same day the return is due for the previous year. ​​Select a tax or fee type to view payment options​ Personal Income Tax (return, amended return, quarterly estimated, or assessment/deficiency).