What is the deadline for making estimated tax payments?

In Arizona, the deadline for making estimated tax payments is April 15th. This applies to both federal and state income taxes. If this date falls on a weekend or holiday, then the deadline is the next business day. It is important for taxpayers to make estimated tax payments on time, as late payments may result in penalties. Estimating taxes requires taxpayers to estimate their total income, deductions, and credits for the tax year, and divide it into four equal payments throughout the year. Taxpayers are encouraged to begin the estimated tax process early. The earlier that tax payments are made, the less likely taxpayers are to encounter penalties or interest associated with late payments. Taxpayers should also be aware of changes in state and federal tax laws that may require additional estimated tax payments. In general, taxpayers are not required to make estimated payments if their current year’s taxes are less than $1,000, or if their prior year’s taxes were zero. But, even in those cases, taxpayers may want to make estimated payments in order to reduce potential tax liability, or to avoid the possibility of late payment penalties.

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What is the deadline for making estimated tax payments?

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