If you're self-employed, a freelancer, or a 1099 contractor, the IRS expects you to pay taxes four times a year — not once in April. Miss a deadline and you'll owe an underpayment penalty on top of whatever you already owe. The good news: the deadlines are predictable, and once you know them, they're easy to plan around.

The 2026 Quarterly Tax Due Dates

The IRS divides the tax year into four unequal payment periods. Here are the 2026 deadlines:

PaymentIncome periodDue date
Q1 2026Jan 1 – Mar 31April 15, 2026
Q2 2026Apr 1 – May 31June 16, 2026
Q3 2026Jun 1 – Aug 31September 15, 2026
Q4 2026Sep 1 – Dec 31January 15, 2027

Notice that Q2 covers only two months (April–May), while Q3 and Q4 cover three months each. This catches a lot of people off guard. June 16 arrives fast after April 15.

Why June 16 instead of June 15? June 15 falls on a Sunday in 2026, so the deadline shifts to the next business day.

Who Has to Pay Quarterly Taxes?

You must make estimated quarterly payments if you expect to owe at least $1,000 in federal income tax for the year after subtracting any withholding. This applies to:

If you have a full-time W-2 job and a side gig, you might be able to increase your W-2 withholding instead of making separate quarterly payments — but only if your employer withholding fully covers your side income tax liability.

How Much to Pay Each Quarter

You have two safe options for calculating each payment:

Option 1: 100% of Last Year's Tax (Safe Harbor)

Pay one-quarter of your total prior-year federal tax liability each quarter. If you owed $8,000 total in 2025, pay $2,000 per quarter in 2026. This protects you from underpayment penalties even if you end up owing more in April.

If your adjusted gross income (AGI) exceeded $150,000 in the prior year, the safe harbor is 110% of last year's tax, not 100%.

Option 2: 90% of This Year's Estimated Tax

Estimate what you'll actually owe for 2026 and pay 90% of that in four installments. This is more accurate if your income varies significantly year-to-year, but requires more bookkeeping.

Most self-employed people use the safe harbor method — it's simpler and eliminates penalty risk entirely.

How to Actually Make the Payment

The easiest method is IRS EFTPS (Electronic Federal Tax Payment System). It's free, secure, and lets you schedule payments in advance. You can also pay via IRS Direct Pay, by mail with Form 1040-ES, or through tax software.

If you use EFTPS, payments must be scheduled by 8 PM Eastern the day before the due date.

What Happens If You Miss a Deadline?

The IRS charges an underpayment penalty, currently around 8% annualized on the shortfall. Each quarter is calculated independently — missing Q2 doesn't mean you can make it up in Q3 without penalty. The penalty is calculated on Form 2210 and added to your April return.

If you miss a deadline but pay within a few days, file anyway — the penalty is small for short gaps and ignoring it makes it worse.

State Quarterly Taxes

Most states with income tax also require quarterly estimated payments, usually on the same schedule as federal. Check your state's revenue department for exact dates — some states (like California) have different deadlines.

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Frequently Asked Questions

What if I overpay my quarterly taxes?
The overpayment becomes a credit that reduces your April tax bill or gets refunded. It's not wasted — the IRS will apply it automatically.
Can I skip quarterly taxes and just pay in April?
You can, but you'll owe an underpayment penalty (currently ~8% annualized) on the amount you should have paid each quarter. For many people the penalty is small enough to ignore, but it adds up with larger incomes.
Do quarterly tax deadlines apply to state taxes too?
Yes — most states with income tax require quarterly estimated payments, usually on the same federal schedule. California, for example, has Q1 due April 15 and Q2 due June 15 (not synchronized with the federal Q2 deadline). Check your state's revenue department.
What if April 15 falls on a weekend or holiday?
The deadline shifts to the next business day. In 2026, April 15 is a Wednesday, so no shift needed.