Congratulations on selling your vacation home! The next estimated tax payment is due on January 17, 2023. You do not need to mail a check. You can pay online on the IRS website. Here's the link for making payments with IRS:
https://www.irs.gov/payments
Here is additional information on figuring the amount of tax that you owe:
https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes
To calculate the gain on the sale, you can add the cost of improvements to the basis. Sales Price - Cost Basis = Gain/Loss on Sale of Home
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
