How to Make Second Quarterly Estimated Tax Payments Due June 17, 2025
If you're self-employed, a freelancer, or earn income outside of traditional W-2 wages, estimated tax payments are a critical part of staying in good standing with the IRS. The second quarterly estimated tax payment for 2025 is due June 17, 2025. This guide will help you understand the process, avoid penalties, and make your payment on time with confidence.
Understanding Estimated Tax Payments
Estimated taxes are advance payments made on income not subject to withholding—such as:
Self-employment income
Dividends and interest
Rental income
Side gigs or freelance work
These payments help cover both your income tax and self-employment tax, which includes Social Security and Medicare contributions.
Why June 17, 2025, Matters
June marks the second of four quarterly estimated tax deadlines for 2025. Missing this payment can result in:
IRS penalties
Accrued interest
Unexpected year-end tax bills
Making timely and accurate payments ensures you stay compliant and maintain control of your financial obligations.
How to Calculate Your Second Estimated Tax Payment
✅ Step 1: Estimate Your Total 2025 Income
Include all sources of taxable income, including freelance work, small business revenue, investments, or rental income.
✅ Step 2: Calculate Your Estimated Tax
Use IRS Form 1040-ES, which provides worksheets to help calculate your federal tax liability based on income, deductions, and credits.
✅ Step 3: Divide by Four
Split your annual estimated tax evenly across four quarters. Adjust your June 17 payment to reflect any changes since Q1.
How to Make Your Estimated Tax Payment
Choose the method that works best for you:
💻 Electronic Payment Options
IRS Direct Pay – Fast and secure from your bank account
EFTPS (Electronic Federal Tax Payment System) – Great for scheduling and tracking payments
✉️ Check or Money Order
Make it payable to “United States Treasury”
Include your Form 1040-ES voucher, SSN, and the payment period on the memo line
🧾 Tax Software
Most tax software can calculate and submit estimated payments, with e-filing options included.
Common Mistakes to Avoid
🚫 Forgetting to Update Income
If your income changes, update your estimated tax amounts to avoid underpaying or overpaying.
🚫 Overlooking Deductions & Credits
Missed deductions or credits can lead to overestimating your tax liability. Review available tax breaks regularly.
🚫 Paying Late
Payments must be postmarked or submitted electronically by June 17, 2025 to avoid penalties.
FAQs About Estimated Tax Payments
❓ What if I can’t pay the full amount by June 17?
Pay as much as you can. This reduces penalties. You can adjust future payments accordingly.
❓ Do part-time earners need to pay estimated taxes?
Yes, if you expect to owe $1,000 or more in taxes for the year, you're required to make estimated payments.
❓ Can I revise my payments later?
Absolutely. If your income or expenses shift, you can adjust future payments at any time.
Summary & Next Steps
Making your second quarterly estimated tax payment by June 17, 2025, is essential to staying IRS-compliant and penalty-free. Estimate your income, use the appropriate IRS tools, and choose a payment method that works for you.
Need help navigating the process?
Bottom Line Taxes is here to guide you every step of the way with personalized support for self-employed individuals and small business owners.
📞 Have questions about estimated taxes?
Contact Bottom Line Taxes today to ensure your payments are accurate, on time, and stress-free.