Estimated Income Taxes & Withholding Review

Estimated Quarterly Income Taxes:

Who may be subject to paying estimated quarterly taxes?

  • Self-employed individuals
  • Businesses
  • Retirees
  • Landlords and Investors (potentially)
  • Individuals (potentially)

The IRS generally requires estimated tax payments in certain circumstances. Consult your tax professional regarding your specific obligations. Certain circumstances may include:

  • You under-withheld $1,000 or more in federal income taxes for the current year.
  • Your withholding will cover less than 90% of your tax liability for the current year.
  • Your withholding will cover less than 100% of your tax liability for last year; or
  • You are a high-income earner ($75,000 AGI filing single, $150,000 AGI filing jointly), and your withholding will cover less than 110% of your tax liability for last year.

How to Pay Estimated Quarterly Taxes:

  • Download the “IRS2Go” app, or visit directpay.irs.gov.
  • Click “Make a Payment”.
  • Under “Reason for Payment”, click “Estimated Tax”.
  • Complete all personal information and submit payment.
  • You can also send estimated tax payments with a Form 1040-ES to the IRS by mail.

*Consult your CPA or tax professional regarding preparation and submission of tax forms.

Tax Withholding:

Review Your Paycheck Withholding:

  • Withholding too much in taxes, in effect, gives the IRS an interest-free loan on your money.
  • Withholding too little generates an unexpected tax bill and possibly quarterly tax payments.

IRS Withholding Resources:

Adjusting Your Tax Withholding:

  • Taxpayers may be able to adjust withholding by submitting an updated withholding form, such as Form W-4 or Form W-4P, as applicable. Consult the IRS or your tax professional for guidance. 

Quarterly Tax Payment Deadlines:

Income Earned:                                                    Payment Deadline:

January 1 – March 31, 2026                                 April 15, 2026

April 1 – May 31, 2026                                           June 15, 2026

June 1 – Aug. 31, 2026                                           September 15, 2026

September 1 – Dec. 31, 2026                                January 15, 2027

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Related Solutions:
Paying Estimated Taxes
Proactive Tax Planning Tactics
Tax Review Checklist
2026 Federal Tax Changes
Roth IRA Conversion Solution

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This material is provided for educational purposes only and is not intended to provide tax advice, tax preparation services, or recommendations regarding any taxpayer’s estimated tax obligations, withholding elections, or tax filing positions. Taxpayers should consult their CPA, enrolled agent, or tax attorney regarding their individual circumstances.

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