Tax Trails - Do You Have to Pay Estimated Tax?
Do you meet all three of the following conditions?
- You had no tax liability for the preceding tax year
- You were a citizen or resident alien of the United States throughout the preceding taxable year
- Your preceding taxable year covered a 12-month period
Note: If you're a taxpayer who is a nonresident alien, please refer to Form 1040-ES (NR), U.S. Estimated Tax for Nonresident Alien Individuals, for more information about estimated taxes.