- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self employed
Hi P596! That is an excellent question. Here is what the IRS thinks:
If you are required to make quarterly payments and miss the deadline for making a payment, the IRS will charge you a penalty. Even if you are only a day late, they will penalize you for underpaying your taxes.
The IRS requires that all taxpayers pay taxes when required
4 dates are allowed:
4-18-2023
6-15-2023
9-15-2023
1-16-2004
If payments are made timely and the proper amount is submitted, There is no penalty!
Good luck in the coming year!
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎August 30, 2023
11:55 AM