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ddstand
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Can I pay all 4 quarters of my estimated tax in one payment ?

 
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Coleen3
Intuit Alumni

Can I pay all 4 quarters of my estimated tax in one payment ?

If you wish to pay the entire amount in advance, don't assign it to each quarter. Apply the entire amount to the first quarter. That way, if you have any larger amount of income in a later quarter, you have made a substantial payment up front.

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2 Replies
Coleen3
Intuit Alumni

Can I pay all 4 quarters of my estimated tax in one payment ?

If you wish to pay the entire amount in advance, don't assign it to each quarter. Apply the entire amount to the first quarter. That way, if you have any larger amount of income in a later quarter, you have made a substantial payment up front.

Can I pay all 4 quarters of my estimated tax in one payment ?

Yes.

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