IRS: This ‘rule of thumb’ shows who needs to make a third-quarter estimated tax payment by Monday

IRS: This ‘rule of thumb’ shows who needs to make a third-quarter estimated tax payment by Monday

Weiquan Lin | Moment | Getty Images The third-quarter estimated tax deadline for 2024 is Sept. 16, and skipping a payment could trigger a penalty, according to the IRS. Typically, you need estimated payments for any income without tax withholdings, such as earnings from self-employment, contract or gig economy work and investment or retirement income. …

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