Question

I have made 15K gains on my stock investments. How do i pay taxes on this gain? Is Apr 15 the last day to pay taxes for gains realized in Mar quarter?

Forum|Forum|7 years ago
June 1, 2019
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I have 15K realized gains on my stock investments. How do i pay taxes on this gain? Is Apr 15 the last day to pay taxes for gains realized in Mar quarter?

C

Coleen3

Employee

The tax year runs from January 1 to December 31. Any tax is due for 2018 must be paid by April 15 to avoid penalties.

The IRS does not tax you per quarter unless you underpay. You are advised to make quarterly payments in 2018 to avoid underpaying your 2018 tax. You may begin now for 2019 if you expect to owe for this year.