Estimated Tax Payments 2024 Forms. You must pay estimated tax if you expect to owe $500 or more in minnesota income tax after subtracting your withholding and refundable credits. See what you need to know about estimated tax payments.

Instead of sending a paper check with a payment voucher, individuals and businesses can. Estimated tax payments are the taxes you pay to the irs throughout the year to account for income you’ve earned that wasn’t subject to tax withholding.