Your quarterly estimated tax payment is due soon.
First Quarter 2017 taxes due by April 18, 2017.
Estimated tax is the method used to pay tax on income that is not subject to withholding. This includes income from self-employment, interest, dividends, alimony, rent, gains from the sale of assets, prizes and awards. You also may have to pay estimated tax if the amount of income tax being withheld from your salary, pension, or other income is not enough.
Estimated tax is used to pay income tax and self-employment tax, as well as other taxes and amounts reported on your tax return. If you do not pay enough through withholding or estimated tax payments, you may be charged a penalty. If you do not pay enough by the due date of each payment period you may be charged a penalty even if you are due a refund when you file your tax return.
When To Pay Estimated Tax
For estimated tax purposes, the year is divided into four payment periods. Each period has a specific payment due date. If you do not pay enough tax by the due date of each of the payment periods, you may be charged a penalty even if you are due a refund when you file your income tax return.
If a payment is mailed, the date of the U.S. postmark is considered the date of payment. The payment periods and due dates for estimated tax payments are shown next. For exceptions to the dates listed, see Saturday, Sunday, holiday rule .
| For the period: | Due date: | |
| Jan. 11 – March 31 | April 18 | |
| April 1 – May 31 | June 15 | |
| June 1 – Aug. 31 | Sept. 15 | |
| Sept. 1 – Dec. 31 | Jan. 16, next year2 | |
| 1If your tax year does not begin on January 1, see Fiscal year taxpayers . |
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| 2See January payment . | ||
