Who needs to pay estimated taxes?<\/h2>\n\n\n\n\n- The person who works for themselves or owns their very own enterprise <\/li>\n\n\n\n
- You are getting a little money on the side from some rental properties or are getting some interest dividends or gains from something.<\/li>\n\n\n\n
- You expect to owe at least $1,000 in tax after accounting for your withholding and refundable credits.<\/li>\n\n\n\n
- If you paid most of your taxes but you owe a little bit of money from that previous year!<\/li>\n<\/ul>\n\n\n\n
If you fall into any of these buckets (or all four), you want to make sure you pay these throughout the year. Don’t get stuck with an achy-breaky bill on Tax Day.<\/p>\n\n\n\n
Estimated tax payment due dates for 2025<\/h2>\n\n\n\n
Here are the estimated tax payment due dates for 2025:<\/p>\n\n\n\n
\n- 1st Quarter Payment:<\/strong> April 15, 2025<\/li>\n\n\n\n
- 2nd Quarter Payment:<\/strong> June 16, 2025<\/li>\n\n\n\n
- 3rd Quarter Payment:<\/strong> September 15, 2025<\/li>\n\n\n\n
- 4th Quarter Payment:<\/strong> January 15, 2026 (Note this is for the 2025 tax year)<\/li>\n<\/ol>\n\n\n\n
The government is strict with its estimated payments. You’re going to want to make sure you pay them (or before) on these dates in question. <\/p>\n\n\n\n
IRS schedule for 2025 estimated tax payments<\/h2>\n\n\n\n
Knowing the IRS<\/a> estimated tax payment schedule can help take away that tax day dread! Here\u2019s what you need to know:<\/p>\n\n\n\n\n- That payment due date has to be within an exact quarter of the year \u2014 January-March, April-May, June-August, and September-December.<\/li>\n\n\n\n
- Something to remember \u2014 If the due date falls on a weekend or federal holiday, it is pushed to the next business day. Make sure you know those dates are ahead of time.<\/li>\n\n\n\n
- Another thing to keep in mind: And, you are required to pay at least 90% of the taxes you owe this year or 100% of what you owed last year (you fall into a high-income category then it jumps to 110%) in order to avoid a penalty.<\/li>\n<\/ul>\n\n\n\n
How to calculate estimated taxes<\/h2>\n\n\n\n
You can follow these instructions to calculate estimated taxes:<\/p>\n\n\n\n
\n- How Much Money Rolled Into Your Account This Past Year:<\/strong> You want to add up everything from side hustle money to some dividends that paid out. Don\u2019t miss a dime!<\/li>\n\n\n\n
- Figure Out That Taxable Income:<\/strong> Now it’s time to subtract and credit what needs to come out of what you have!<\/li>\n\n\n\n
- Determine your tax liability:<\/strong> Really comb over that IRS table to figure out what you actually need to pay. <\/li>\n\n\n\n
- Divide your Estimate Tax Liability by Number of Quarterly Payments: <\/strong>Just as it sounds, take the amount you want to pay all year, divide it by 4, and you\u2019re done!<\/li>\n\n\n\n
- Make Adjustments: <\/strong>If there are any changes to your income \u2013 make some adjustments to the final amount you pay!<\/li>\n<\/ul>\n\n\n\n
![\"how](\"https:\/\/workhy.com\/blog\/wp-content\/uploads\/2025\/01\/how-to-calculate-estimated-tax-1024x701.jpeg\")
<\/figure>\n\n\n\nHow to make estimated tax payments<\/h2>\n\n\n\n
Basically, once you have calculated your estimated tax payments, it is time to make said payments. There are plenty of ways to do it:<\/p>\n\n\n\n
\n- Electronic Payments:<\/strong> The IRS allows you to pay online. You can use EFTPS or Direct Pay from the IRS to do so.<\/li>\n\n\n\n
- Snail Mail:<\/strong> You can complete the 1040-ES for the given year, and mail in a check or money order to the treasury. Be sure to include a memo that states the year you are paying, along with the SSN of the Taxpayer it\u2019s for.<\/li>\n\n\n\n
- Card Payments:<\/strong> Alternative payment processors allow debit or credit card payments to the IRS. But look out for fees for the convenience.<\/li>\n<\/ul>\n\n\n\n
The IRS has an answer for almost every scenario, so just use what works best for you!<\/p>\n\n\n\n
Penalties for late estimated tax payments<\/h2>\n\n\n\n
To get off Uncle Sam’s bad side, the payments need to be made on time. Failure to do so ends up in penalties, and they are not good:<\/p>\n\n\n\n
\n- Penalty:<\/strong> The bare minimum you should pay is 90% of the current year’s taxes and 100% of the previous year’s takes. If you do not do this there is going to be hell to pay in the form of stiff penalties! This penalty will most likely be 0.5% of your unpaid tax for each month or part of a month after the due date.<\/li>\n\n\n\n
- Interest:<\/strong> The IRS does not play about those unpaid tax balances and will be taking interest every single month you don\u2019t pay the piper!<\/li>\n\n\n\n
- Stave off the Underpayment Penalty: <\/strong>Say you owe some balances on things like quarterly payments \u2013 if this is you \u2013 you really want to avoid underpaying your estimated taxes especially if your income was in flux during the year.<\/li>\n<\/ul>\n\n\n\n
Staying on top of estimated 2025 tax payments\u00a0<\/h2>\n\n\n\n
Stay ahead of your 2025 estimated tax payments with ease! Workhy’s expert tax services provide you with the tools, calculators, and personalized guidance you need to navigate taxes stress-free. Enjoy the peace of mind that comes with staying compliant. Start now with Workhy<\/a> and take the first step toward tax clarity today!<\/p>\n\n\n\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t![\"New](\"https:\/\/no-cache.hubspot.com\/cta\/default\/5318651\/8d6dddf1-0984-4cf9-8f33-33622d4dedb6.png\")
\n\t\t<\/a>\n\t\t<\/span>\n\t\t
If you fall into any of these buckets (or all four), you want to make sure you pay these throughout the year. Don’t get stuck with an achy-breaky bill on Tax Day.<\/p>\n\n\n\n
Estimated tax payment due dates for 2025<\/h2>\n\n\n\n
Here are the estimated tax payment due dates for 2025:<\/p>\n\n\n\n
- \n
- 1st Quarter Payment:<\/strong> April 15, 2025<\/li>\n\n\n\n
- 2nd Quarter Payment:<\/strong> June 16, 2025<\/li>\n\n\n\n
- 3rd Quarter Payment:<\/strong> September 15, 2025<\/li>\n\n\n\n
- 4th Quarter Payment:<\/strong> January 15, 2026 (Note this is for the 2025 tax year)<\/li>\n<\/ol>\n\n\n\n
The government is strict with its estimated payments. You’re going to want to make sure you pay them (or before) on these dates in question. <\/p>\n\n\n\n
IRS schedule for 2025 estimated tax payments<\/h2>\n\n\n\n
Knowing the IRS<\/a> estimated tax payment schedule can help take away that tax day dread! Here\u2019s what you need to know:<\/p>\n\n\n\n
- \n
- That payment due date has to be within an exact quarter of the year \u2014 January-March, April-May, June-August, and September-December.<\/li>\n\n\n\n
- Something to remember \u2014 If the due date falls on a weekend or federal holiday, it is pushed to the next business day. Make sure you know those dates are ahead of time.<\/li>\n\n\n\n
- Another thing to keep in mind: And, you are required to pay at least 90% of the taxes you owe this year or 100% of what you owed last year (you fall into a high-income category then it jumps to 110%) in order to avoid a penalty.<\/li>\n<\/ul>\n\n\n\n
How to calculate estimated taxes<\/h2>\n\n\n\n
You can follow these instructions to calculate estimated taxes:<\/p>\n\n\n\n
- \n
- How Much Money Rolled Into Your Account This Past Year:<\/strong> You want to add up everything from side hustle money to some dividends that paid out. Don\u2019t miss a dime!<\/li>\n\n\n\n
- Figure Out That Taxable Income:<\/strong> Now it’s time to subtract and credit what needs to come out of what you have!<\/li>\n\n\n\n
- Determine your tax liability:<\/strong> Really comb over that IRS table to figure out what you actually need to pay. <\/li>\n\n\n\n
- Divide your Estimate Tax Liability by Number of Quarterly Payments: <\/strong>Just as it sounds, take the amount you want to pay all year, divide it by 4, and you\u2019re done!<\/li>\n\n\n\n
- Make Adjustments: <\/strong>If there are any changes to your income \u2013 make some adjustments to the final amount you pay!<\/li>\n<\/ul>\n\n\n\n
<\/figure>\n\n\n\nHow to make estimated tax payments<\/h2>\n\n\n\n
Basically, once you have calculated your estimated tax payments, it is time to make said payments. There are plenty of ways to do it:<\/p>\n\n\n\n
- \n
- Electronic Payments:<\/strong> The IRS allows you to pay online. You can use EFTPS or Direct Pay from the IRS to do so.<\/li>\n\n\n\n
- Snail Mail:<\/strong> You can complete the 1040-ES for the given year, and mail in a check or money order to the treasury. Be sure to include a memo that states the year you are paying, along with the SSN of the Taxpayer it\u2019s for.<\/li>\n\n\n\n
- Card Payments:<\/strong> Alternative payment processors allow debit or credit card payments to the IRS. But look out for fees for the convenience.<\/li>\n<\/ul>\n\n\n\n
The IRS has an answer for almost every scenario, so just use what works best for you!<\/p>\n\n\n\n
Penalties for late estimated tax payments<\/h2>\n\n\n\n
To get off Uncle Sam’s bad side, the payments need to be made on time. Failure to do so ends up in penalties, and they are not good:<\/p>\n\n\n\n
- \n
- Penalty:<\/strong> The bare minimum you should pay is 90% of the current year’s taxes and 100% of the previous year’s takes. If you do not do this there is going to be hell to pay in the form of stiff penalties! This penalty will most likely be 0.5% of your unpaid tax for each month or part of a month after the due date.<\/li>\n\n\n\n
- Interest:<\/strong> The IRS does not play about those unpaid tax balances and will be taking interest every single month you don\u2019t pay the piper!<\/li>\n\n\n\n
- Stave off the Underpayment Penalty: <\/strong>Say you owe some balances on things like quarterly payments \u2013 if this is you \u2013 you really want to avoid underpaying your estimated taxes especially if your income was in flux during the year.<\/li>\n<\/ul>\n\n\n\n
Staying on top of estimated 2025 tax payments\u00a0<\/h2>\n\n\n\n
Stay ahead of your 2025 estimated tax payments with ease! Workhy’s expert tax services provide you with the tools, calculators, and personalized guidance you need to navigate taxes stress-free. Enjoy the peace of mind that comes with staying compliant. Start now with Workhy<\/a> and take the first step toward tax clarity today!<\/p>\n\n\n\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t
\n\t\t<\/a>\n\t\t<\/span>\n\t\t - Interest:<\/strong> The IRS does not play about those unpaid tax balances and will be taking interest every single month you don\u2019t pay the piper!<\/li>\n\n\n\n
- Snail Mail:<\/strong> You can complete the 1040-ES for the given year, and mail in a check or money order to the treasury. Be sure to include a memo that states the year you are paying, along with the SSN of the Taxpayer it\u2019s for.<\/li>\n\n\n\n
- Figure Out That Taxable Income:<\/strong> Now it’s time to subtract and credit what needs to come out of what you have!<\/li>\n\n\n\n
- How Much Money Rolled Into Your Account This Past Year:<\/strong> You want to add up everything from side hustle money to some dividends that paid out. Don\u2019t miss a dime!<\/li>\n\n\n\n
- 2nd Quarter Payment:<\/strong> June 16, 2025<\/li>\n\n\n\n