Dates & Deadlines

As the name suggests, quarterly tax payments occur four (4) times per year, one each quarter. However, the IRS likes to complicate things so the payment dates don’t occur exactly every three (3) months.

While the IRS deadline for submitting a quarterly tax payment falls on the 15th of the month (i.e. April 15th for Q1 2021), Abound requires that you create your Quarterly Tax PaymentQuarterly Tax Payment - A non-reversible IRS tax payment that Abound submits. Quarterly tax payments are initiated by calling the Tax Payments API endpoint. request (POST /user/{userId}/taxPayments) at least three (3) days before this deadline. This gives your UserUser - A single end-user of your application. Each user has a unique userId, which should be stored in your database and used to make API requests on behalf of this individual. enough time to resolve any errors that may have occurred while enrolling them with EFTPS and ensures payment will be processed on time.

The following provides the payment dates and deadlines for quarterly tax payments:

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Tax payments created after the quarterly tax deadline will be initiated ASAP, however, they are not guaranteed to be submitted before the IRS deadline.

Quarter

IRS Payment Date

Abound Submission Deadline

Q1 2021

April 15th, 2021 (3.5 months into the year)

April 12th, 2021 (3 days before payment date)

Q2 2021

June 15th, 2021 (2 months after last payment date)

June 12th, 2021 (3 days before payment date)

Q3 2021

September 15th, 2021 (3 months after last payment date)

September 12th, 2021 (3 days before payment date)

Q4 2021

January 18th, 2022 (4 months after last payment date)

January 15th, 2022 (3 days before payment date)

In cases where the 15th of the month lands on a holiday or weekend (for example, the Q4 2021 payment lies on the 18th of January), the payment date will be the next business day.

A Quarterly Tax PaymentQuarterly Tax Payment - A non-reversible IRS tax payment that Abound submits. Quarterly tax payments are initiated by calling the Tax Payments API endpoint. created after the Abound Submission Deadline will be attempted but are not guaranteed to be submitted to the IRS by the payment date.

A Quarterly Tax PaymentQuarterly Tax Payment - A non-reversible IRS tax payment that Abound submits. Quarterly tax payments are initiated by calling the Tax Payments API endpoint. created after the IRS Payment Date will not be submitted to the IRS and will immediately be removed.

Next, learn about the typical timeline of events and statuses for successful a Quarterly Tax PaymentQuarterly Tax Payment - A non-reversible IRS tax payment that Abound submits. Quarterly tax payments are initiated by calling the Tax Payments API endpoint. in the Successful Payment Statuses & Event Timeline guide.


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