The last chance for some filers to avoid a tax penalty is Jan. 18

The last chance for some filers to avoid a tax penalty is Jan. 18.

Personal Taxes, Internal Revenue Service

1/17/2022 12:22:00 PM

The last chance for some filers to avoid a tax penalty is Jan. 18.

Fourth-quarter estimated tax payments are due on Jan. 18 for income from self-employment, small businesses and more. Here’s how to avoid penalties.

Key PointsFourth-quarter estimated tax payments are due on Jan. 18 for income from self-employment, small businesses, gig economy work, investments and more.You can skip penalties by paying 90% of taxes for 2021 or 100% of 2020 levies if your adjusted gross income is less than $150,000.

"Taxes" engraved at IRS headquarters in Washington, D.C.Andrew Kelly | ReutersNext week may be the last chance for some filers to avoid a tax penalty and reduce their bill in April.The deadline for fourth-quarter estimated tax payments is Jan. 18, applying to income from self-employment, small businesses, gig economy work, investments and more.

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Two Mexicans charged after death of 51 migrants in sweltering Texas truck

At least 51 migrants have died after being trapped inside a sweltering tractor-trailer truck found abandoned in Texas, authorities said on Tuesday, as two Mexican nationals tied to the unprecedented smuggling tragedy were charged in U.S. federal court. Read more >>

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Gonzales, No. 18 BYU women roll past LMU 77-37Shaylee Gonzales scored 19 points with five rebounds, five assists and five steals and No. 18 BYU coasted to a 77-37 victory over Loyola Marymount on Saturday for its fifth straight win. Lauren Gustin and Paisley Harding added 14 points apiece for the Cougars (14-1, 4-0 West Coast Conference), who held a second straight conference rival to less than 40 points to win by at least 40. MORE: Paisley Harding keys BYU in 78-36 rout of Saint Mary's.

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