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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.
First half taxes are due on or before Dec. 20, 2016. If first half taxes are not paid by this date, the full amount, including interest becomes due (for personal property only, not real estate). Second half taxes are due on or before May 10, 2017. If taxes are not paid by the due dates, interest of 10% per annum for real estate and 5% per annum for personal property will be added as provided by law, if the delinquency is less than $10,000.