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Level 1
March 7, 2025
Question

California estimated tax payments

  • March 7, 2025
  • 2 replies
  • 6 views

Can I pay all three of my California estimated tax payments in one payment?

    2 replies

    Level 10
    March 7, 2025

    You can as long as the amount equals the sum of what you would pay in the 3 payments.

    AmyC
    Level 15
    March 7, 2025

    You can pay estimated taxes ahead of earning the money, if you want. Normally people wait until they earn the money. You won't be earning interest. It will be considered a large sum for the first quarter payment. As long as you don't owe at the end of the year, this shouldn't be a problem since the payment annualized will be large.

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