2018 Fourth Quarter Tax Payment Deadline

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”). © 2019

Contact the CG Team with questions via the form to the right or call 732.676.4100.

Source:
Department of the Treasury Internal Revenue Service 2018 Form 1040-ES. Estimated Tax for Individuals. https://www.irs.gov/pub/irs-pdf/f1040es.pdf.