Do I have to file quarterly estimated tax payments and when are they due?
Every person who anticipates any taxable income which is subject to City income tax, or who engages in any business, profession, enterprise, or activity subject to City income tax must file a declaration setting forth the estimated income or the estimated profit together with the estimated tax due. The declarations are required to be filed by April 15th of each year on or before the fifteenth day of the fourth month after the date the taxpayer becomes subject to the tax for the first time. Quarterly estimated payments are due on April 15th, July 31st, October 31st, and January 31st of the following year.
