By what date do I need to file a return for an 10-17-02 sale of a vacation home?

[dstonel]

sale date 10-17 2022

[Mike9241]

it reported on your 1040 for 2022 which is due 4/17/2023 you can get an extension to file until 10/16/2023

but taxes owed are due on or before the above Aprill date 

whether you are subject to underpayment penalties for not having enough withheld or estimates paid

is based on the following

There will be no federal penalties for not having enough taxes withheld and timely estimates paid for the year if withholding

• And timely estimated tax payments equal or exceed 90% of your 2022 tax

or

• And timely estimated tax payments equal or exceed 100% of your 2021 tax (110% if your 2021 adjusted gross income was more than $150K)

or

• the balance due after subtracting taxes withheld from 90% of your 2022 tax is less than $1,000
• your total taxes are less than $1,000

if you are subject to penalties you may be able to utilize the Annualized income Method on form 2210 to reduce or eliminate them. 

state laws differ