*If you have income from self employment, interest, dividends or capital gains you may need to make estimated tax payments.

 

*If you anticipate that you will owe $1,000 or more in taxes when you file your 2013 tax return you may need to pay estimated tax payments to avoid a tax penalty.

 

*Estimated tax payments are paid four times a year. The dates that apply for 2013 are: April 15, June 17, September 16, 2013 and January 15, 2014.

 

*Paying estimated taxes can be done by phone or online, by check, money order, credit or debit card. To register for online payment with the IRS visit the IRS website. For Alabama, register here.

 

If you have any questions regarding whether or not you should be paying estimated taxes or need assistance setting up online payment services please contact our office.