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By means of Oliver SandersonSenior correspondent
June 16, 2025
The Internal Revenue Service (IRS) reminds taxpayers in the United States that today, June 16, the Deadline marks the second quarter estimated tax payments for the tax year 2025. This payment is crucial for private individuals and companies that earn income outside the traditional payrugs, so that they meet tax regulations throughout the year.
Taxpayers are encouraged to ensure that their estimated tax payments are submitted on time to prevent fines or interest costs. These payments are generally required for persons who have not had sufficient tax with their income due to regular salary deduction, including freelancers, contractors, business owners and pensioners with considerable investment income.
Who should make these payments?
Estimated three -month tax payments are generally required for taxpayers whose income has not been maintained. This includes the self -employed, owners of small companies, freelancers and people with income from sources such as rental properties or investments. Those with significant income from dividends, power gains or pension benefits may also be necessary to make these payments.
The IRS requires taxpayers to pay taxes throughout the year. By submitting estimated payments every quarter, private individuals and companies can prevent a fixed tax payment at the end of the year, reducing financial stress during the tax season.
“Taxpayers who earn income without tax content must remain ahead of their tax obligations by making estimated three -month payments,” said a spokesperson for the IRS. “This ensures that they avoid large balances that owe when they submit their annual declarations.”
How to calculate the correct payment
To determine how much to pay, the IRS offers a useful worksheet and online tools that guide taxpayers in calculating the amount based on their income. Many taxpayers use the tax return of their previous year as a reference and adjust these for important changes in income, deductions or credits. For those who are not sure about the exact amount, it is important to estimate as accurately as possible to prevent fines for underpayment.
Taxpayers must strive to pay at least 90% of their total tax liabilities to prevent interest and fines at the end of the year. Paying too much can, however, lead to an interest -free loan to the government, and any surplus payment will be reimbursed during the next tax season.
How to make the payment
There are different ways in which taxpayers can submit their estimated payments to the IRS:
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Irs Direct Pay: With this option, users can pay directly of their bank account without incurring costs. It is one of the fastest and most useful methods.
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Electronic Federal Tax Payment System (EFSPS): This system is ideal for taxpayers who have to make more frequent payments, such as business owners or those who have to set up automatic payments.
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Check or postage change: For those who prefer traditional methods, payments can be sent to the IRS. However, electronic methods are recommended for faster processing.
Taxpayers must ensure that they use the correct payment method for the correct quarter, because it can incorrectly submit delays and additional complications to submit payments.
Punishments for missing the deadline
For taxpayers who miss the deadline of June 16 of June 16, fines and interest can apply. The IRS imposes a fine for late payments, calculated on the basis of the underpaid amount of the tax. In addition, interest on the unpaid amount builds up at the federal short -term rate, plus 3%.
Although taxpayers can apply for a fine if they believe that their absence to make a payment was due to a reasonable reason, this is not guaranteed. The IRS expects taxpayers to make timely payments and offers sufficient resources to help them do this correctly.
In some cases, the IRS can refrain from penalties as taxpayers can prove that their failure to pay was due to circumstances outside their control, such as a serious illness or natural disaster. However, this is rare, and most taxpayers who miss the deadline are subject to penalties.
How you can avoid common errors
To prevent problems with estimated tax payments, the IRS encourages taxpayers to carefully check their calculations and to ensure that they pay the correct amount for the correct quarter. Common mistakes are:
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Incorrectly calculating the estimated tax on the basis of inaccurate income projections
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Submitting payments for the wrong quarter, which can lead to delays
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Forgot to adjust payments if their income changes during the year
The use of tools approved by IRS, such as the online estimated tax calculator, can help reduce these errors and make the process smoother. Taxpayers must also revise any important changes in life (for example, a change in income or deduction) that can influence their quarterly payment amounts.
Future deadlines for estimated tax payments
After today’s deadline, taxpayers must be aware of the following upcoming estimated tax payment dates for the rest of 2025:
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September 15: Estimated tax payment of the third quarter is due.
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January 15, 2026: Payment in the fourth quarter is due, which relate to remaining tax obligations for the tax year 2025.
Taxpayers can plan ahead and mark these dates on their calendars to ensure that they stay on course all year round.
The IRS encourages taxpayers to remain vigilant about their estimated payments and to take advantage of the various online tools and sources that it offers to prevent errors. Making these payments on time ensures that taxpayers avoid expensive fines and interest, so that their financial situation keeps a good reputation.
