2016 Federal Quarterly Estimated Tax Payments
1. Am I required to make 2015 federal quarterly estimated tax payments? Generally, the Internal Revenue Service (IRS) requires you to make quarterly estimated tax payments for calendar year 2016 if both of the following apply: you expect to owe at least $1,000 in federal tax for 2016, after subtracting federal tax withholding and refundable credits, and you expect federal withholding and refundable credits to be less than the smaller of: 90% of the tax to be shown on your 201