Range reports high earners must pay quarterly estimated taxes if they owe over $1,000, with specific guidelines to avoid ...

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has issued a reminder to taxpayers that the deadline for second quarter estimated tax payments is approaching. Payments must be submitted by ...

On-time quarterly payments can help avoid "possible underpayment penalties," the IRS said in an early June news release. ... which you can find on line 11 of Form 1040 from your 2024 tax return.

The taxation of Social Security benefits is determined through a specific calculation. While not all benefits are tax-free, the federal government may tax up to 85% of them, depending on your income.