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Just a friendly reminder that your September federal estimated taxes and Virginia estimated taxes are due tomorrow, September 15.

 

 

Paying Estimated Taxes

Paying estimated taxes is the equivalent of your employer withholding a certain portion of your earnings. If you do not pay estimated taxes you will be charged a penalty. You file your estimated taxes 4 times a year, and do so by filing form 1040-ES.

Federal estimated taxes are due on the following dates:

April 15

June 15

September 15

January 15 of the next year

Virginia estimated Taxes are due on the following dates:

May 1

June 15

September 15

January 15 of the next year

 

For more information and links to all the forms visit: http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Estimated-Taxes

For Virginia Estimated Tax payment information visit (Virginia dates differ from Federal): http://www.tax.virginia.gov/content/individual-estimated-tax-payments