Instructions For Form 1040 - U.s. Individual Income Tax Return - 2016 Page 75

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2017 Form 1040—Lines 78 and 79
are deaf, hard of hearing, or have a
a method of payment other than check if
5329 (Parts III through IX only), 8885,
speech disability and who have access to
the amount of the payment is over $100
and 8919. Also subtract from line 63
TTY/TDD
equipment
can
call
million.
any:
1-800-733-4829. For more information
Tax on an excess parachute pay-
What If You Can't Pay?
about EFTPS, go to
IRS.gov/Payments
ment,
or
Excise tax on insider stock com-
If you can't pay the full amount shown
pensation of an expatriated corporation,
on line 78 when you file, you can ask
Pay by Mobile Device
Uncollected social security and
for:
Medicare or RRTA tax on tips or
To pay through your mobile device,
An installment agreement, or
group-term life insurance, and
download the IRS2Go app.
An extension of time to pay.
Look-back interest due under sec-
Installment agreement. Under an in-
tion 167(g) or 460(b).
Pay by Cash
stallment agreement, you can pay all or
When figuring the amount on line 63,
part of the tax you owe in monthly in-
Cash is an in-person payment option for
include household employment taxes
stallments. However, even if an install-
individuals provided through retail part-
only if line 64 is more than zero or you
ment agreement is granted, you will be
ners with a maximum of $1,000 per day
would owe the penalty even if you didn't
charged interest and may be charged a
per transaction. To make a cash pay-
include those taxes.
late payment penalty on the tax not paid
ment, you must first be registered online
Exception. You won't owe the penalty
by April 17, 2018. You also must pay a
at , our
if your 2016 tax return was for a tax
fee. To limit the interest and penalty
Official Payment provider.
year of 12 full months and either of the
charges, pay as much of the tax as possi-
following applies.
ble when you file. But before requesting
Pay by Check or Money Order
1. You had no tax shown on your
an installment agreement, you should
Before submitting a payment through
2016 return and you were a U.S. citizen
consider other less costly alternatives,
the mail, please consider alternative
or resident for all of 2016.
such as a bank loan or credit card pay-
methods. One of our safe, quick, and
ment.
2. The total of lines 64, 65, and 71
easy electronic payment options might
on your 2017 return is at least 100% of
To ask for an installment agreement,
be right for you. If you choose to mail a
the tax shown on your 2016 return
you can apply online or use Form 9465.
tax payment, make your check or money
(110% of that amount if you aren't a
To apply online, go to IRS.gov and click
order payable to “United States Treas-
farmer or fisherman, and your adjusted
on
Apply for an Online Payment
Plan.
ury” for the full amount due. Don’t send
gross income (AGI) shown on your
Extension of time to pay. If paying the
cash. Don’t attach the payment to your
2016 return was more than $150,000
tax when it is due would cause you an
return. Write “2017 Form 1040” and
(more than $75,000 if married filing
undue hardship, you can ask for an ex-
your name, address, daytime phone
separately for 2017)). Your estimated
tension of time to pay by filing Form
number, and social security number
tax payments for 2017 must have been
1127 by April 17, 2018. An extension
(SSN) on your payment and attach Form
made on time and for the required
generally won't be granted for more than
1040-V. For the most up-to-date infor-
amount.
6 months. You will be charged interest
mation on Form 1040-V, go to
IRS.gov/
on the tax not paid by April 15, 2018.
For most people, the “tax shown on
Form1040V. If you are filing a joint re-
You must pay the tax before the exten-
your 2016 return” is the amount on your
turn, enter the SSN shown first on your
sion runs out. Penalties and interest will
2016 Form 1040, line 63, minus the total
tax return.
be imposed until taxes are paid in full.
of any amounts shown on lines 61, 66a,
To help us process your payment, en-
For the most up-to-date information on
67, 68, 69, and 72 and Forms 8828,
ter the amount on the right side of the
Form 1127, go to IRS.gov/Form1127.
4137, 5329 (Parts III through IX only),
check like this: $ XXX.XX. Don’t use
8885, and 8919. Also subtract from
dashes or lines (for example, don’t enter
Line 79
line 63 any:
“$ XXX–” or “$ XXX
”).
xx 100
Tax on an excess parachute pay-
Estimated Tax Penalty
Mail your 2017 tax return, payment,
ment,
and Form 1040-V to the address shown
Excise tax on insider stock com-
You may owe this penalty if:
on the form that applies to you.
pensation of an expatriated corporation,
Line 78 is at least $1,000 and it is
Uncollected social security and
No checks of $100 million or more
more than 10% of the tax shown on your
Medicare or RRTA tax on tips or
accepted. The IRS can’t accept a single
return, or
group-term life insurance, and
check (including a cashier’s check) for
You didn't pay enough estimated
Look-back interest due under sec-
amounts of $100,000,000 ($100 million)
tax by any of the due dates. This is true
tion 167(g) or 460(b).
or more. If you are sending $100 million
even if you are due a refund.
When figuring the amount on line 63,
or more by check, you’ll need to spread
include household employment taxes
the payment over 2 or more checks with
For most people, the “tax shown on
only if line 64 is more than zero or you
each check made out for an amount less
your return” is the amount on your 2017
would have owed the estimated tax pen-
than $100 million. This limit doesn’t ap-
Form 1040, line 63, minus the total of
alty for 2016 even if you didn't include
ply to other methods of payment (such
any amounts shown on lines 61, 66a, 67,
those taxes.
as electronic payments). Please consider
68, 69, and 72 and Forms 8828, 4137,
-75-
Need more information or forms? Visit IRS.gov.

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