10/16/2026
Estimated taxes aren’t just for the self-employed
Federal income tax works on a pay-as-you-go basis — it's paid as you earn or receive income, either through withholding from your paycheck or through estimated payments.
Most self-employed folks pay this way, but they're not the only ones.
If you get income from things like interest, dividends, capital gains, royalties, rents, alimony, or prizes and awards — and not enough is withheld — you may need to make estimated payments too.
As a general rule, if you expect to owe $1,000 or more when you file, it's time to look at estimated tax. That covers not just income tax, but also self-employment tax and the alternative minimum tax.
Your next payment is due Jan. 15, 2027.
Good news: paying is easy. You can pay online at IRS.gov/payments, through your IRS Individual Online Account (where you can also check your payment history), with Form 1040-ES by mail or phone, or through Direct Pay. Most people pay quarterly, but you're welcome to pay weekly, bi-weekly, or monthly — as long as you've paid enough by the end of each quarter.
One more reason not to put it off: if you didn't pay enough during the year, you may owe a penalty. The good news is the IRS will generally figure that penalty for you.
Want the details? Check out Publication 505, Tax Withholding and Estimated Tax.
Make payments, view your account or apply for a payment plan with the IRS.
