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Estimated taxes are due quarterly on specific dates during the year. The IRS mandates that the normal due dates for estimated taxes are April 15 for the first quarter of a year, June 15 for the second quarter, Sept. 15 for the third quarter and Jan.15 of the following year for the fourth quarter. Related Reading: How to Print Quarterly Taxes in QuickBooks.
Note that the due dates for state estimated taxes varies from state to state. While most follow the federal schedule, some deviate. In Virginia, for example, the first estimated tax payment for a given tax year falls on May 1, not April 15.The due dates for the other quarters in Virginia follow the federal calendar.ccording to the IRS, you must pay estimated taxes if you expect to owe tax of $1,000 or more and you file as a sole proprietor, partner, S corporation shareholder, and/or a self-employed individual. If you file as a corporation, you generally must pay estimated taxes if you expect the corporation to owe at least $500.