yinian
New Member

Hi, can I change the quarterly tax payment amount in the middle of the year? We over-estimated the taxes and would like to reduce the amount for the upcoming payment

With company stocks doing poorly (compared with last year), we are over-paying for quarterly tax payments, which we estimated based on last year's income. We already paid the high amount twice this year, but would like to correct that for Q3 (due on Sep 15) . What process do I need to go through in order to do that? We are under the impression that the quarterly payments need to be the same. Thanks!