Skip to main content
August 28, 2024
Question

Where do I find the amounts to pay estimated quarterly taxes for both federal and state? And what is the easiest way to pay these in the state of New York?

  • August 28, 2024
  • 1 reply
  • 0 views

Where do I find the amounts to pay estimated quarterly taxes for both federal and state? And what is the easiest way to pay these in the state of New York?

    1 reply

    August 28, 2024

    Thanks for joining us today, IanRWallace!

     

    If you expect to owe $1,000 or more in taxes for the year, beyond any withholdings, you should pay estimated quarterly taxes. The amount of estimated tax you need to pay depends on your adjusted gross income. 

    This link goes into more details: Quarterly Taxes

    This is the IRS link that tells you how to pay the federal taxes: Estimated Taxes

    How to calculate NY estimated tax payments: New York Payments

    Where to pay NY payments: https://www.tax.ny.gov/pay/ind/pay-estimated-tax.htm