Article Date:
April 2025


Word Count:
766

 

 

Beat the Estimated Tax Penalty with Strategic Withholding


The due dates for quarterly estimated tax payments for your 2025 tax year are April 15, 2025; June 16, 2025; September 15, 2025; and January 15, 2026.

 

When you miss one of those dates, the tax code penalizes you.

 

The current penalty rate for underpaying the first payment on April 15, 2025, is 7 percent.1 You can’t deduct the cost of the penalty, so the true rate is higher. In the 37 percent tax bracket, the penalty cost is equivalent to ... Log in to view full article.

Log in to view full article

Already a subscriber?

Email Address


Password


Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee