IRS: Avoid ‘falling behind’ by making second-quarter estimated tax payment by June 16

IRS: Avoid ‘falling behind’ by making second-quarter estimated tax payment by June 16

The second-quarter estimated tax deadline is June 16. Here’s how to avoid a penalty, according to the IRS.

IRS: Avoid ‘falling behind’ by making second-quarter estimated tax payment by June 16 - Business Fast

Pra-chid | Istock | Getty ImagesThe second-quarter estimated tax deadline is June 16 — and on-time payments can help you avoid "falling behind" on your balance, according to the IRS.Typically, quarterly payments apply to income without tax withholdings, such as earnings from self-employment, freelancing or gig economy work. You may also owe payments for interest,