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Where do I find the amounts to pay estimated quarterly taxes for both federal and state? And what is the easiest way to pay these in the state of New York?

Where do I find the amounts to pay estimated quarterly taxes for both federal and state? And what is the easiest way to pay these in the state of New York?

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LoriLeighEA
Employee Tax Expert

Where do I find the amounts to pay estimated quarterly taxes for both federal and state? And what is the easiest way to pay these in the state of New York?

Thanks for joining us today, IanRWallace!

 

If you expect to owe $1,000 or more in taxes for the year, beyond any withholdings, you should pay estimated quarterly taxes. The amount of estimated tax you need to pay depends on your adjusted gross income. 

This link goes into more details: Quarterly Taxes

This is the IRS link that tells you how to pay the federal taxes: Estimated Taxes

How to calculate NY estimated tax payments: New York Payments

Where to pay NY payments: https://www.tax.ny.gov/pay/ind/pay-estimated-tax.htm 

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