@ferrarellaf wrote:
I need however to understand if the IRS is expecting some payment before tax filing day, on the rental income collected during the year.
Your concern should be whether you will wind up with a penalty for underpayment of estimated tax.
See https://www.irs.gov/instructions/i2210#en_US_2021_publink1000305510
Who Must Pay the Underpayment Penalty
In general, you may owe the penalty for 2021 if the total of your withholding and timely estimated tax payments didn't equal at least the smaller of:
-
90% of your 2021 tax, or
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100% of your 2020 tax. Your 2020 tax return must cover a 12-month period.
Higher income taxpayers.
If your adjusted gross income (AGI) for 2020 was more than $150,000 ($75,000 if your 2020 filing status was married filing separately), substitute 110% for 100% in (2) above.
