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Quarterly Estimated Income Tax Payments

August 24th, 2016

Income subject to this requirement includes self-employment income, interest, dividends, gains on stock and crypto currencies.  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 at www.IRS.gov or by mailing paper vouchers to the IRS.  Call for an appointment to calculate your estimated tax liabilities and stay ahead of the curve on this interesting, and sometimes shocking, income tax issue.