Strictness of deadlines for quarterly filings?

[Jonathan K]

Hello, I missed the June filing by a couple of weeks.  How strict is the IRS with that?  I plan to do the filings on time for September and December.

Jonathan

[dev145]

If you like, you can still make a June payment but It will count as late payment. You may be charged a penalty (called under payment penalty) even if you are due a refund when you file your income tax return. See below link for more info. about underpayment penalty. 

https://www.irs.gov/payments/underpayment-of-estimated-tax-by-individuals-penalty

[dev145]

Hi,

Here is some more info. about reducing or eliminating under payment penalty.  You can use annualize method to report total income and total withholding/payments. Annualize method is used when your income fluctuates. See below link for more info.

https://www.irs.gov/taxtopics/tc306#:~:text=Generally%2C%20taxpayers%20should%20make%20estimated,usi...