JandKit
Employee Tax Expert

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!

 

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