Estimated quarterly payments

The second 2023 estimated quarterly tax payment is due today.


Form 1040-ES, Estimated Tax for Individuals (Payment Voucher 2)

Generally, an underpayment penalty can be avoided if you use the safe harbor rule for payments described below. The IRS will not charge you an underpayment penalty if: You pay at least 90% of the tax you owe for the current year, or 100% of the tax you owed for the previous tax year, or.