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Quarterly Estimated Income Tax Payments

February 1st, 2016

Income subject to this requirement includes self-employment income, interest, dividends, rents and alimony etc. Taxpayers are required to pay their income tax on a quarterly estimated tax basis. The Due Dates are April 15; June 16; September 15 and January 15. Quarterly estimated payments represent not only federal income tax but also your Self-Employment or Social Security taxes. The quarterly payments may be made via phone, computer or paper.  Call for an appointment to calculate your 2016 estimated tax liability and stay ahead of the curve on this interesting income tax issue.

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