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Bluepeace123
Level 2

Do taxes have to be paid quarterly or can they be paid at the end of the year?

 
1 Reply
xmasbaby0
Level 15

Do taxes have to be paid quarterly or can they be paid at the end of the year?

If you expect to owe more than $1000 at tax time, it is a good idea to pay estimated quarterly tax to avoid an underpayment penalty.

 

https://ttlc.intuit.com/questions/1901110-do-i-need-to-make-estimated-tax-payments-to-the-irs

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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