Form 1040-Es (Nr) - U.s. Estimated Tax For Nonresident Alien Individuals

Form 1040-ES (NR) 2007

Page

The 2007 Tax Rate Schedules on

If you do not have wages subject to

Farmers and fishermen. If at least

page 4 for your filing status.*

U.S. income tax withholding, you can

two-thirds of your gross income for 2006

pay all of your estimated tax by June 15,

or 2007 is from farming or fishing, you

Your 2006 tax return and instructions

2007, or you can pay it in three

can do one of the following.

to use as a guide to figuring your income,

installments. If you pay the tax in three

deductions, and credits (but be sure to

Pay all of your estimated tax by

installments,

⁄

is due by June 15,

consider the items listed under What’s

January 15, 2008, or

2007,

⁄

is due by September 17, 2007,

New for 2007 on page 1).

File your 2007 Form 1040NR by

and

⁄

by January 15, 2008.*

* If you are married, you must generally

March 3, 2008, and pay the total tax

* You do not have to make the payment

use Tax Rate Schedule Y. For

due. In this case, 2007 estimated tax

due January 15, 2008, if you file your

exceptions, see Pub. 519, U.S. Tax

payments are not required to avoid a

2007 Form 1040NR or 1040NR-EZ by

Guide for Aliens.

penalty.

January 31, 2008, and pay the entire

balance due with your return.

Matching estimated tax payments to

Fiscal year taxpayers. You are on a

income. If you receive your income

fiscal year if your 12-month tax period

We do not send notices

unevenly throughout the year (for

ends on any day except December 31.

reminding you to make your

example, because you operate your

Due dates for fiscal year taxpayers are

estimated tax payments. You

business on a seasonal basis), you may

the 15th day of the 4th (if applicable),

must make each payment by

CAUTION

be able to lower or eliminate the amount

6th, and 9th months of your current

the due date.

of your required estimated tax payment

fiscal year, and the 1st month of the

If your payments are late or you did

for one or more periods by using the

following fiscal year. If any payment date

not pay enough, you may be charged a

annualized income installment method.

falls on a Saturday, Sunday, or legal

penalty for underpaying your tax. See

See Pub. 505, Tax Withholding and

holiday, use the next business day.

When a Penalty Is Applied on page 4.

Estimated Tax, for details.

Name Change

No income subject to estimated tax

Changing your estimated tax. To

If you changed your name because of

during first payment period. If, after

amend or correct your estimated tax,

marriage, divorce, etc. and you made

the first payment period, you have a

see How To Amend Estimated Tax

estimated tax payments using your

large change in income, deductions,

Payments on this page.

additional taxes, or credits that requires

former name, attach a statement to the

You cannot make joint

you to start making estimated tax

front of your 2007 income tax return. On

payments, you should figure the amount

estimated tax payments if you

the statement, explain all of the estimated

of your estimated tax payments by using

tax payments you made for 2007, and

or your spouse is a

the annualized income installment

the name and identifying number under

nonresident alien, you are

CAUTION

method, explained in Pub. 505. Although

which you made the payments.

separated under a decree of divorce or

your payment due dates will be the

separate maintenance, or you and your

How To Amend Estimated Tax

same as shown above, the payment

spouse have different tax years.

Payments

amounts will vary based on your income,

Payment Due Dates

deductions, additional taxes, and credits

To change or amend your estimated tax

for the months ending before each

payments, refigure your total estimated tax

If you have wages subject to U.S. income

payment due date. As a result, this

payments due (line 18a of the worksheet

tax withholding, you can pay all of your

method may allow you to skip or lower

on page 3). Then, to figure the payment

estimated tax by April 16, 2007, or in four

the amount due for one or more

due for each remaining payment period,

equal amounts by the dates shown below.

payments. If you use the annualized

see Amended estimated tax under Regular

income installment method, file Form

1st payment

April 16, 2007

Installment Method in chapter 2 of Pub.

2210, Underpayment of Estimated Tax

505. If an estimated tax payment for a

2nd payment

June 15, 2007

by Individuals, Estates, and Trusts, with

previous period is less than one-fourth of

3rd payment

Sept. 17, 2007

your 2007 tax return, even if no penalty

your amended estimated tax, you may

is owed.

4th payment

Jan. 15, 2008*

owe a penalty when you file your return.

(continued on page 4)

taxes that would have been entered on

If you meet one or both of the above,

Instructions for the 2007

lines 55 (additional tax on early

include in the amount on line 11 the total

Estimated Tax Worksheet

distributions only), 57, and any write-ins

of your household employment taxes

Line 1. Adjusted Gross Income. Use

on line 58 of the 2006 Form 1040NR. On

before subtracting advance EIC

your 2006 tax return (Form 1040NR or

line 11, enter the total of those taxes,

payments made to your employee(s).

1040NR-EZ) and instructions as a guide

subject to the following two exceptions.

to figuring the adjusted gross income

Exception 2. Of the amounts for other

Exception 1. Include household

you expect in 2007 (but be sure to

taxes that may be entered on line 58, do

employment taxes (line 57) on this line

consider the changes listed on page 1

not include on line 11: tax on recapture

only if:

under What’s New for 2007).

of a federal mortgage subsidy,

uncollected employee social security

You will have federal income tax

Line 9. Credits. See the instructions for

and Medicare tax or RRTA tax on tips or

withheld from wages, pensions, annuities,

the 2006 Form 1040NR, lines 44 through

group-term life insurance, tax on golden

or other income effectively connected

50. However, be sure to consider the tax

parachute payments, or excise tax on

with a U.S. trade or business, or

law changes noted earlier on the change

insider stock compensation from an

in tax liability limit for certain

You would be required to make

expatriated corporation. These taxes are

nonrefundable personal credits.

estimated tax payments (to avoid a

not required to be paid until the due

penalty) even if you did not include

Line 11. Other Taxes. Use the instructions

date of your income tax return (not

household employment taxes when

for the 2006 Form 1040NR to determine if

including extensions).

figuring your estimated tax.

you expect to owe, for 2007, any of the

Form 1040-Es (Nr) - U.s. Estimated Tax For Nonresident Alien Individuals - 2007 Page 2

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