Form 1040-Es Instructions - Estimated Tax For Individuals

any day except December 31. Due dates for

payment by check or money order. If you

in advance. You can also modify or cancel

fiscal year taxpayers are the 15th day of the

and your spouse plan to file separate

payments up to 2 business days before the

4th, 6th, and 9th months of your current

returns, file separate vouchers instead of a

scheduled withdrawal date. To use EFTPS,

fiscal year and the 1st month of the following

joint voucher.

you must enroll. Enroll online at

fiscal year. If any payment date falls on a

gov or call 1-800-555-4477 (for business

To complete the voucher, do the

Saturday, Sunday, or legal holiday, use the

accounts) or 1-800-316-6541 (for individual

following.

next business day.

•

accounts) to receive an enrollment form and

Print or type your name, address, and

instructions by mail. TTY/TDD help is

SSN in the space provided on the estimated

Name Change

available by calling 1-800-733-4829. Call

tax payment voucher. If filing a joint

1-800-244-4829 for help in Spanish.

If you changed your name because of

voucher, also enter your spouse’s name and

marriage, divorce, etc., and you made

SSN. List the names and SSNs in the same

Pay by Electronic Funds

estimated tax payments using your former

order on the joint voucher as you will list

Withdrawal

name, attach a statement to the front of your

them on your joint return.

•

If you electronically file your 2007 tax return,

2008 tax return. On the statement, show all

Enter in the box provided on the

you can make up to four (4) 2008 estimated

of the estimated tax payments you (and your

estimated tax payment voucher only the

tax payments by electronic funds

spouse, if filing jointly) made for 2008 and

amount you are sending in by check or

withdrawal. This is a free option. The

the name(s) and SSN(s) under which you

money order. When making payments of

payments can be withdrawn from either a

made the payments.

estimated tax, be sure to take into account

checking or savings account. At the same

any 2007 overpayment that you choose to

Be sure to report the change to your

time you file your return, you may schedule

credit against your 2008 tax, but do not

local Social Security Administration office

estimated tax payments for any or all of the

include the overpayment amount in this box.

before filing your 2008 tax return. This

•

following dates: April 15, 2008, June 16,

Make your check or money order payable

prevents delays in processing your return

2008, September 15, 2008, and January 15,

to the “United States Treasury.” Do not send

and issuing refunds. It also safeguards your

2009.

cash. To help process your payment

future social security benefits. For more

accurately, enter the amount on the right

details, call the Social Security

Check with your tax return preparer or

side of the check like this: $ XXX.XX. Do not

Administration at 1-800-772-1213.

tax preparation software for details. Your

use dashes or lines (for example, do not

scheduled payments will be acknowledged

How To Amend Estimated

enter “$ XXX – ” or “$ XXX

”).

100

when you file your tax return.

•

Enter “2008 Form 1040-ES” and your

Tax Payments

SSN on your check or money order. If you

Payments scheduled through electronic

are filing a joint estimated tax payment

funds withdrawal can be cancelled up to

To change or amend your estimated tax

voucher, enter the SSN that you will show

8 p.m. Eastern time, 2 business days before

payments, refigure your total estimated tax

first on your joint return.

the scheduled payment date, by contacting

payments due (line 16a of the worksheet on

•

Enclose, but do not staple or attach, your

the U.S. Treasury Financial Agent at

page 4). Then, to figure the payment due for

payment with the estimated tax payment

1-888-353-4537.

each remaining payment period, see

voucher.

Amended estimated tax under Regular

•

Pay by Credit Card

Mail your voucher and check or money

Installment Method in chapter 2 of Pub. 505.

order to the address shown on page 6 for

You can use your American Express® Card,

If an estimated tax payment for a previous

the place where you live.

Discover® Card, MasterCard® card, or

period is less than one-fourth of your

•

Fill in the Record of Estimated Tax

Visa® card to make estimated tax

amended estimated tax, you may owe a

Payments on page 6 for your files.

payments. Call toll-free or visit the website

penalty when you file your return.

of either service provider listed below and

Pay Electronically

When a Penalty Is Applied

follow the instructions. A convenience fee

Paying electronically helps to ensure timely

will be charged by the service provider

In some cases, you may owe a penalty

receipt of your estimated tax payment. You

based on the amount you are paying. Fees

when you file your return. The penalty is

may vary between providers. You will be

can pay electronically using the following

imposed on each underpayment for the

told what the fee is during the transaction

convenient, safe, and secure electronic

number of days it remains unpaid. A penalty

payment options.

and you will have the option to either

may be applied if you did not pay enough

•

Electronic Federal Tax Payment System

continue or cancel the transaction. You can

estimated tax for the year or you did not

(EFTPS).

also find out what the fee will be by calling

make the payments on time or in the

•

the provider’s toll-free automated customer

Electronic funds withdrawal.

required amount. A penalty may apply even

•

service number or visiting the provider’s

Credit card.

if you have an overpayment on your tax

website shown below.

When you pay taxes electronically, there

return.

is no check to write and no voucher to mail.

The penalty may be waived under certain

Link2Gov Corporation

Payments can be made 24 hours a day, 7

conditions. See chapter 4 of Pub. 505 for

1-888-PAY-1040

(1-888-729-1040)

days a week. You will receive a confirmation

details.

1-888-658-5465 (Customer Service)

number or electronic acknowledgment of the

payment. See below for details.

How To Pay Estimated Tax

Pay by Electronic Federal Tax

Official Payments Corporation

Pay by Check or Money Order

1-800-2PAY-TAX

(1-800-272-9829)

Payment System (EFTPS)

Using the Estimated Tax

1-877-754-4413 (Customer Service)

EFTPS is a free tax payment system

Payment Voucher

designed with all taxpayers in mind. Online

There is a separate estimated tax payment

or by phone, you input your tax payment

You will be given a confirmation number

voucher for each due date. The due date is

information electronically and you are done.

at the end of the transaction. Fill in the

shown in the upper right corner. Be sure to

EFTPS offers you convenience. Through

Record of Estimated Tax Payments on page

use the voucher with the correct due date

EFTPS, you can schedule one-time or

6. Enter the confirmation number in column

for each payment you make. Complete and

recurring payments for withdrawal from your

(c), but do not include the amount of the

send in the voucher only if you are making a

checking or savings account up to 365 days

convenience fee in column (d).

-3-

Form 1040-Es Instructions - Estimated Tax For Individuals - 2008 Page 3

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