DavidD66
Expert Alumni

Deductions & credits

If you realized a capital gain on the sale of your real estate, you would be wise to make estimated tax payments.  I recommend you pay 100% of the capital gain with the first quarter payment so that the payment is for the same quarter that the gain occurred.  The first quarter due date is due April 15.  The remaining estimated tax due dates are June 15, September 15, and January 18.

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