When are estimated taxes typically due?

Estimated taxes are typically due on a quarterly basis. This is in line with the requirement for individuals and businesses who expect to owe tax of $1,000 or more when filing their return to pay estimated tax throughout the year. The IRS provides specific due dates for these payments, which generally fall in April, June, September, and January of the following year.

Paying quarterly helps to spread the tax liability over the course of the year rather than having to make a large payment all at once when filing the tax return. This system ensures that taxpayers stay compliant with tax obligations and reduces the risk of penalties for underpayment when they file their annual tax returns.