Millions of Americans dwell overseas and nonetheless must pay taxes within the U.S.
Kseniya Ovchinnikova | Moment | Getty Images
Some funds might be more durable to calculate
Trump’s “big beautiful bill” enacted a number of tax breaks that apply to 2025, and with out modifications to paycheck withholdings, some taxpayers might overpay by the top of the 12 months, specialists say.
For some filers, that might make quarterly estimated taxes for the third and fourth quarter of 2025 tougher, specialists say.
“I don’t want them paying more taxes for Q3 and Q4 than they absolutely need to,” stated licensed monetary planner Jim Guarino, managing director at Baker Newman Noyes in Woburn, Massachusetts. He is additionally a licensed public accountant.
The quarterly tax deadlines for 2025 are April 15, June 16, Sept. 15 and Jan. 15, 2026. However, these due dates could be simple to overlook since they do not align with calendar quarters, specialists say.
Quarterly tax deadlines for 2025
Jan. 1 – March 31 (1st quarter): April 15
April 1 – May 31 (2nd quarter): June 16
June 1 – Aug. 31 (third quarter): Sept. 15
Sept. 1 – Dec. 31 (4th quarter): Jan. 15, 2026
Estimated funds aren’t ‘one-size-fits-all’
You can keep away from an underpayment penalty by following the secure harbor tips, specialists say.
To comply with the rule, you need to pay not less than 90% of your 2025 taxes or 100% of your 2024 taxes, whichever is smaller.
That threshold jumps to 110% in case your 2024 adjusted gross earnings was $150,000 or extra, which yow will discover on line 11 of Form 1040 out of your 2024 tax return.
However, the secure harbor protects you solely from underpayment penalties. If you do not pay sufficient, you could possibly nonetheless owe taxes for 2025, specialists say.
“There’s not a one-size-fits-all” for estimated tax funds, stated Melanie Lauridsen, vp of tax coverage and advocacy on the American Institute of Certified Public Accountants.
By working with a tax skilled, they’ll run projections for 2025 to assist resolve the proper funds for Q3 and This autumn, she stated.