Page 23 - Escape Your IRS Nightmare Flip Book

The quarters are:

1 Quarter:
st
January
February

March

2 Quarter:
nd
April
May

3 Quarter:
rd
June

July
August

th
4 Quarter:
September

October
November
December

So if your income hasn’t changed much, just take the total amount you owed in taxes for the previous

year and divide it by 4. Send a smaller check to the IRS at the end of each quarter for that total amount
you divided by four. This is significantly easier to handle for most people than being hit with the
damage of one big check for all the money you owe at the end of the year.

The IRS also has very specific dates these estimated tax payments are due:

th*
st
The 1 quarter payment is due on April 15
th*
nd
The 2 quarter payment is due on June 15
th*
rd
The 3 quarter payment is due on September 15
th
The 4 quarter payment is due on January 15 th*

*Occasionally there are variations to these dates because of the date falling on a Saturday, Sunday, or a holiday.

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