Estimated Tax Payments for Partnerships

A partnership must make quarterly estimated tax payments if the sum of the following estimated taxes, less any credits allowed against the tax, is $500 or more:

• Minimum fee
• Nonresident withholding
• Composite income tax
• Pass-through entity tax

The partnership must pay quarterly installments based on its required annual payment. The annual payment amount is equal to the partnership’s total tax liability for the prior year, or 90% of all the taxes listed above less any credits allowed against the tax for the current tax year (whichever is less).

Due Dates

Estimated tax payments are due by the 15th day of the fourth, sixth and ninth months of the tax year and the first month of the following tax year. If the 15th falls on a weekend or holiday, payments are due the next business day.

Making Estimated Payments

Include any estimated taxes, minimum fee, nonresident withholding and composite tax in the same quarterly payment.

You can make an extension payment electronically. See Make a Payment for Business for electronic payment options.

If you’re not required to pay electronically and choose to pay by check, please complete a payment voucher and mail it with your payment.