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LAST 1993 FEDERAL ESTIMATED TAX PAYMENT DUE

 DALLAS, Jan. 12 /PRNewswire/ -- The last federal estimated tax payment for 1993 income taxes is due by Jan. 18, 1994, an IRS spokesperson said today. The deposit is normally on Jan. 15 but because the 15th is on the weekend and Monday is a holiday, the due date is extended to the next business day.
 This payment may be skipped, however, if your 1993 federal income tax return is filed and any tax due is paid by Monday, Jan. 31, 1994.
 Estimated tax payments are made by taxpayers receiving income from which they have had too little or no federal tax withheld. Generally, you must make estimated tax payments if you expect to owe $500 or more in federal tax for 1993 in addition to the tax withheld and tax credits that will be reported on your tax return. Estimated tax payments may not be necessary if you will have withholding and tax credits that equal 90 percent or more of the tax on your 1993 tax return or if they equal 100 percent of the total tax shown on your 1992 tax return. Call 800-829-1040 for additional information.
 Use Form 1040-ES to report the payments. The form includes estimated tax payment vouchers as well as a worksheet to help determine the proper estimated tax payments.
 More information on estimated tax payments is contained in free IRS Publication 505, "Tax Withholding and Estimated Tax." This publication, as well as Form 1040-ES, can be obtained at your local IRS office, or by calling, toll-free, 800-TAX-FORM.
 -0- 1/12/94
 /CONTACT: James Manuszak of the Internal Revenue Service, 316-291-6400/


CO: Internal Revenue Service ST: Kansas IN: SU:

BB -- DV003B -- 1009 01/12/94 13:32 EST
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Date:Jan 12, 1994
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