Estimated tax payments: a simple starting point

People who receive income without enough withholding may need to make payments during the year. Business income, investment income, and other changes can affect the amount.

Look beyond filing day

An extension generally gives you more time to file a return, but it does not extend the time to pay tax. Reviewing income and payments before year-end can help reduce surprises.

Revisit the numbers

Estimates may need to change when income, deductions, or withholding change. A current projection gives you a better basis for a payment decision.

This article is general information. Payment rules and deadlines vary by situation and tax year; review your own circumstances with a tax professional.