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What Is Estimated Tax Payment Calendar?

Updated: 9/25/2023
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MaryLinda02

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9y ago

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For Government Income Tax reasons, estimated tax payments are due as listed below:

· April 15 (first quarter)

· June 15 (second quarter)

· September 15 (third quarter)

· January 15 (4th quarter)

Note that the January 15 quarterly payment is really due, not within the tax year itself, but early the year after (before your taxes returns). Note that when the date falls on the weekend or holiday it might be extended to another working day.

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Form estimated tax payment 2010 for corporations?

download estimated tax forms


What is 1040-ES Estimated Tax Form?

Form 1040-ES is Estimated Tax Payment Voucher. There are four numbered payment vouchers, numbered 1 through 4. Each voucher gives a due date. For example, 2009 Estimated Tax Payment Voucher 2 notes 'Due June 15, 2009'.


What is the process by which individuals have their federal income tax collected?

1. the employer withholds estimated taxes 2. the taxpayer files a tax return the government receives a tax payment or gives a tax refund 3. the government receives a tax payment or gives a tax refund


How Accounting for an Estimated Tax payment?

For the individual taxpayer on the 1040 income tax return the estimated tax payment amounts that are paid for the tax year end up on page 2 of the 1040 tax form line 62. Go to the IRS.gov web site and use the search box for 1040 choose the instruction and go page 48 for the line 62 instructions.


Which challan is to be used for Advance Tax?

challan 280 is used for payment of Advance income tax in case your estimated income tax is more than 10,000 p.a.


Can I see what my taxes will potentially be with TurboTax?

TurboTax Estimated Taxes is an online estimated income tax payment calculating and filing service. For taxpayers who file quarterly estimated payments, it provides payment calculators and allows e-filing of estimated tax payments. Automatic deadline reminders help users avoid late payments. The record of past payments can be automatically imported into TurboTax at tax-filing time, which saves the trouble of typing that history in manually.


What is advance payment of tax?

If you don't have money taken out of your paycheck for taxes, you still need to send money in to cover them. This is done through the payment of estimated taxes.


When are quarterly state taxes due?

You should get your state tax department instruction book for the estimated taxes or the payment voucher and it should have the correct mailing address some place that you can use for this purpose. Go to your state tax department web site use the search box for INDIVIDUAL TAXPAYER MAILING ADDRESS FOR ESTIMATED TAX PAYMENT


At what regular intervals is income tax collected?

Although the closing dates for the quarters differ, both individuals and corporations are subject to payment of estimated tax in quarterly installments.


What is the order of process by which individuals have their federal income tax collected?

1.The employer withholds estimated taxes. 2.The taxpayer files a tax return. 3.The government receives a tax payment or gives a tax refund.---------(>'-')>


What tax form you need for prepaid tax estimate?

In order to send in estimated tax payments you would use form 1040-ES which has 4 coupons and the due dates for each quarterly payment.


What are the steps of the process by which individuals have their federal income tax collected?

1.The employer withholds estimated taxes. 2.The taxpayer files a tax return. 3.The government receives a tax payment or gives a tax refund.-------Apex. (>'-')>