when are estimated income tax payments due for individuals
You are required to make estimated tax payments if your North Carolina income tax liability, after credits and tax withheld, is $1,000 or more. Use Form NC-40 to make estimated tax payments. Your estimated tax is the amount of income tax you expect to owe, minus the tax you expect to have withheld plus any tax credits. Estimate your tax carefully to avoid having to pay a large balance and to avoid paying interest for underpayment of estimated income tax. For calendar year filers, estimated payments are due April 15, June 15, September 15 of the taxable year and January 15 of the following year.