Technically you want to pay it all in the first quarter if that us when the income is received. However, you may avoid the Underpayment of Estimated Tax by Individuals Penalty if:
- Your filed tax return shows you owe less than $1,000 or
- You paid at least 90% of the tax shown on the return for the taxable year or 100% of the tax shown on the return for the prior year, whichever amount is less.
See Tips for Paying Estimated Taxes - TurboTax.
@Steve Lea
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