Yes, that is correct you may do so. Affected taxpayers that have an estimated income tax payment originally due on or after Jan. 8, 2023, and before Oct. 16, 2023, are postponed through Oct. 16, 2023, will not be subject to penalties for failure to pay estimated tax installments as long as such payments are paid on or before Oct. 16, 2023, according to the IRS.
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