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The Internal Revenue Service has issued a reminder to those who pay estimated taxes that Monday, June 17, is the deadline for second estimated tax payments this year.

The deadline, which has a particular impact on self-employed individuals, retirees, investors and certain individuals involved in the sharing economy, was changed in the Tax Cut and Jobs Act of 2017.

Most parts of that act took effect in 2018, leading taxpayers in those demographics to receive refunds that were either larger or smaller than they expected.

That deviation led to the IRS suggesting that affected individuals adjust the amount of tax they pay each quarter, via estimated tax payments.

The revised tax sheet, dubbed Form 1040-ES, is designed to help those that work in the affected industries to understand the changes in their taxation and income tax rates for 2019, while also helping give a blueprint as to how much individuals in that bracket should pay.

For more information on the tax changes, go to the IRS’ website, www.irs.gov.