Source of this page
This regulation detail page is rendered from the SMBRegs static catalog, not a live government database record. Use the official filing link below to verify current requirements before filing or relying on this summary.
Description
Self-employed individuals and businesses expecting to owe $1,000+ in tax must make quarterly estimated tax payments using IRS Form 1040-ES or 1120-W. Due April 15, June 15, Sept 15, Jan 15.
Key Details
- Jurisdiction
- Federal
- Category
- Tax & Filings
- Renewal Frequency
- quarterly
- Estimated Cost
- Free (payment of tax owed)
- Estimated Time
- 30 minutes per quarter
Penalties for Non-Compliance
Underpayment penalty of approximately 8% annualized interest rate
Official Filing Link
https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxesDoes this apply to your business?
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