You're probably asking yourself, "do I have to make estimated tax payments for 2006?" By answering "yes" or "no" to these three questions, you'll have your answer: |
If you are required to make estimated tax payments, how much do you have to pay? |
Individuals can make estimated tax payments in two ways: |
For estimated tax payment purposes, a year is divided into four payment periods. Each period has a specific payment due date. |
There is a special rule in the tax law that excuses you from filing fourth quarter estimated taxes if you file your annual tax return (Form 1040, etc.), and ... |