Some taxpayers may need to make estimated tax payments during the year. The type of income you receive determines whether you must pay estimated taxes. Here are six tips from the IRS about making estimated tax payments.
For more information about estimated taxes, see Publication 505, Tax Withholding and Estimated Tax. Forms and publications are available on IRS.gov or by calling 800-TAX-FORM (800-829-3676).
During the federal Q&A interview for preparing this year's tax return, TaxACT can calculate your estimated taxes for next year and complete Form 1040-ES for you. Start your tax return now.
Additional IRS Resources:
IRS YouTube Videos:
December 10 (Employees who work for tips)
If you received $20 or more in tips during November, report them to your employer - Details
December 16 (Corporations)
Deposit the fourth installment of estimated income tax for 2013 - Details
December 25 (Everyone)
Federal Holiday (Christmas Day) - Details