Are There Any Special Provisions Related To Estimated Tax Payments For Farmers ?
Yes. If two-thirds of your gross income is generated from farming, a estimated general rule exception exists. If you file your return and pay the entire tax due on or before March 1st, then you are not required to pre-pay amounts with estimates.
Note If you need professional help with "Estimated Payments" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.