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Reminder
A partnership or S corporation must make quarterly estimated tax payments if the sum of these estimated taxes, less any credits allowed against the tax, is $500 or more:
- Minimum fee
- Nonresident withholding
- Composite income tax
- Pass-through entity tax
Quarterly estimated payments are due for calendar year filers:
- April 15
- June 15
- September 15
- January 15 of the following year
How do I calculate my estimated payments?
The partnership or S corporation must pay quarterly installments based on its required annual payment. The annual payment amount is equal to the lesser of either:
- The business’ total tax liability for the prior tax year
- 90% of all the taxes listed, less any credits allowed against the tax for the current tax year
How do I make my estimated tax payment?
Need help?
No Longer in Business?
If you are no longer in business, you can close your account by calling 651-556-3075.
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