topic I have just sold a vacation condo and have about a $30,000 capital gain. Must I pay an estimated tax now or can I wait and declare the gain on my 2017 return next year? in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-have-just-sold-a-vacation-condo-and-have-about-a-30-000-capital-gain-must-i-pay-an-estimated-tax/01/388897#M15716 Tue, 04 Jun 2019 19:16:36 GMT coltaxsut57 2019-06-04T19:16:36Z I have just sold a vacation condo and have about a $30,000 capital gain. Must I pay an estimated tax now or can I wait and declare the gain on my 2017 return next year? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-have-just-sold-a-vacation-condo-and-have-about-a-30-000-capital-gain-must-i-pay-an-estimated-tax/01/388897#M15716 Tue, 04 Jun 2019 19:16:36 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-have-just-sold-a-vacation-condo-and-have-about-a-30-000-capital-gain-must-i-pay-an-estimated-tax/01/388897#M15716 coltaxsut57 2019-06-04T19:16:36Z It depends. If there is a balance due on your 2016 tax re... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/it-depends-if-there-is-a-balance-due-on-your-2016-tax-re/01/388905#M15719 <P>It depends.</P><P>If there is a balance due on your 2016 tax return, you may want to submit an estimated payment now to prevent yourself from having an 2017 estimated tax penalty. There is a new IRS website where you easily can make tax payments at any time called&nbsp;<A href="https://www.irs.gov/payments/direct-pay" rel="nofollow" target="_blank">IRS DirectPay</A>.&nbsp;</P><P>If there is a refund on your 2016 return, you are not required to make the 2017 estimated payment but you can choose to make the payment.</P> Tue, 04 Jun 2019 19:16:37 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/it-depends-if-there-is-a-balance-due-on-your-2016-tax-re/01/388905#M15719 Phillip1 2019-06-04T19:16:37Z How do I calculate the tax due on a capital gain? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-do-i-calculate-the-tax-due-on-a-capital-gain/01/388913#M15722 How do I calculate the tax due on a capital gain? Tue, 04 Jun 2019 19:16:39 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-do-i-calculate-the-tax-due-on-a-capital-gain/01/388913#M15722 coltaxsut57 2019-06-04T19:16:39Z