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

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

Calendar-year filer estimated payments are due:

• April 15
• June 15
• September 15
• January 15 of the following year

Fiscal-year filer estimated payments are due by the 15th day of the fourth, sixth, and ninth month of the tax year and the first month of the following year.

If the 15th falls on a weekend or holiday, payments are due the next business day.

Making Estimated Payments

With each quarterly payment include any estimated:

• Minimum fee
• Nonresident withholding
• Composite income tax

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.