Generally, just use the 2012 amount of tax you owed to figure your 2013 IRS estimated tax payments. You pay 90% or 100% of what you owed in 2012, split up into four equal payments to be made in 2013.
Quarterly 2013 estimated tax payments will be due the following dates:
- April 15, 2013 (first quarter of 2013)
- June 17, 2013 (second quarter of 2013)
- September 15, 2013 (third quarter of 2013)
- January 15, 2014 (fourth quarter of 2013)
If you do your federal income taxes for the year 2013 before January 31, 2014, you can send your fourth quarter estimated tax payment with your 2013 tax return. Otherwise, send it to the IRS by January 15, 2014.
Don’t forget, you have to make 2013 IRS estimated tax payments if you have income that’s not having any withholding taken out. This can include alimony, dividend income, interest income, rental income, self employment income, and money you make by selling stocks you owned.
If you are a farmer or a fisherman then the requirements for submitting IRS estimated tax payments are different from those of other taxpayers.