Declaring an Estimate
The City of Lakewood requires persons who expect to owe more than $200.00 in tax for the current filing year to make quarterly estimated tax payments.
Estimates for the current year are billed quarterly, with the exception of the first quarter—which is due to be paid with your tax return by the April filing deadline. The remaining three quarters are due by June 15th, September 15th, and January 15th. If you wish to pay your full estimate at once, you may do so.
To avoid penalty and interest, you must pay 100% of your prior year’s tax (as current year’s estimate) or 90% of your current year’s actual tax liability by the 4th quarter due date for individuals and calendar year businesses, respectively. Fiscal year businesses must remit by the last day of the month following their taxable year.
To amend your declaration of estimated tax for the current year, please complete Form L-ES.
Please contact the Lakewood Municipal Income Tax Division with any questions.