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2018 Estimated Tax Payment Due

2019 – 01/02 Will you owe federal income tax for 2018? It’s not too late to make an estimated payment and avoid penalties. The 2018 fourth quarter tax payment deadline is Tuesday, 1/15/19. The IRS notes that “various financial transactions, especially those occurring late in the year, can often have an unexpected tax impact.” For example, a holiday bonus, a real estate transaction or a capital gains distribution from an investment might trigger a higher tax bill. To make an estimated payment, use Form 1040-ES (“Estimated Tax for Individuals”): http://bit.ly/1NxOYal 

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