If your return was accepted by the IRS, the "Where's My Refund?" tool or the IRS2Go mobile app are the fastest ways to track and check on the status of your federal return in 2024. Read more Get more smart money moves – straight to your inbox Sign up and we’ll send you Nerdy...
taxes are automatically deducted and sent to the IRS, state, and local (if applicable) authorities. At the end of the year, when you complete your tax return, you find out if you have paid too much (you get a refund) or too little (you must pay the balance). And based on that...
Estimated tax payment due dates 2024 The table below shows the payment deadlines for 2024. (Note that some people will have extended IRS tax deadlines for estimated tax payments due to residing or working in IRS-designated disaster areas.)IRS schedule for 2024 estimated tax payments Payment When...
Consider paying with your refund If you think that you will owe money when you file your next year's taxes, one easy way to get a jump on paying your bill is to apply your tax refund to your next year's taxes. If you won't have federal income tax withheld from wages,...
you can use your previous year’s taxes as a guide. In many cases, as long as you pay 100 percent of the previous year's tax, you won’t be subject to the penalty. If you end up overpaying, you can receive a tax refund at the end of the year or carryover the excess...
If you’re using the prior-year method, it’s as simple as dividing your target number by four and scheduling the payments before those dates. If you’re more into unnecessarily complicating things, you can estimate your taxes as you receive income in the current year. The IRS receives copi...
then you can wait and pay themwhen you file your taxes, as long as you meet the safe harbor minimum as described above. But if you pay too much,you may end up receiving a large tax refund. I recommend consulting with a tax professional if you plan on changing your estimated tax paymen...
Federal Income Tax Calculator: Tax Return and Refund Estimator 2023-2024 by Tina Orem, Sabrina Parys Read more Track My Refund: How to Check Your IRS Tax Refund Status by Sabrina Parys, Tina Orem Read more Explore Taxes Get more smart money moves – straight to your inbox Sign up and we...