Fourth Quarter Estimated Tax Payments Due January 17th

If you make quarterly estimated payments, you have until January 17th to pay your final estimated tax payment for tax year 2022. Any payments made after this date may be subject to penalties and interest. Most state quarterly estimates are due on January 17th as well, including Tennessee and Georgia.

Individuals who are self-employed, or who expect to owe at least $1,000 of taxes when they file are required to pay quarterly estimated taxes. Corporations who expect to owe at least $500 are also required to make estimated payments.

Most estimated tax payments can be made online at IRS.gov/payments or a check can be mailed to the IRS along with an estimated tax voucher.

Corporations must make their estimated payments via electronic funds transfer. Instructions for this process can be found here.