Form 1040-Es(Nr) - Record Of Estimated Tax Payments - 2008
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52 0 08
Department of the Treasury
Internal Revenue Service
Form 1040-ES(NR)
U.S. Estimated Tax for Nonresident Alien Individuals
2008 (after subtracting your withholding
Other available information:
Purpose of This Package
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and credits) and you expect your
Pub. 519, U.S. Tax Guide for Aliens.
If you are a nonresident alien, use this
•
withholding and credits to be less than the
Pub. 553, Highlights of 2007 Tax
package to figure and pay your estimated
smaller of:
Changes.
tax. If you are not required to make
•
1. 90% of the tax shown on your 2008
Instructions for the 2007 Form 1040NR
estimated tax payments for 2008, you can
tax return, or
or 1040NR-EZ.
discard this package.
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2. 100% of the tax shown on your
What’s Hot. Go to , click on
Estimated tax is the method used to
2007 tax return (but see Higher income
More Forms and Publications, and then
pay tax on income that is not subject to
taxpayers on this page).
on What’s Hot in forms and publications.
withholding. See the 2007 instructions for
Form 1040NR, U.S. Nonresident Alien
However, if you did not file a 2007 tax
For details on how to get forms and
Income Tax Return, or Form 1040NR-EZ,
return or if your 2007 return did not cover
publications, see page 32 of the
U.S. Income Tax Return for Certain
12 months, item (2) above does not
Instructions for Form 1040NR or page 11
Nonresident Aliens With No Dependents,
apply.
of the Instructions for Form 1040NR-EZ.
for details on income that is taxable. The
Special rules. There are special rules
estimated tax worksheet on page 5 will
If you have tax questions, call
for farmers, fishermen, certain household
help you figure the correct amount to pay.
1-800-829-1040 for assistance. For TTY/
employers, and certain higher income
Estimated tax for an estate or trust. If
TDD help, call 1-800-829-4059. Persons
taxpayers.
you are using this package to figure and
living outside the United States may call
pay estimated tax for a nonresident alien
Farmers and fishermen. If at least
215-516-2000 (not toll-free).
estate or trust, use the 2007 Form
two-thirds of your gross income for 2007
1040NR as a guide in figuring the estate’s
or 2008 is from farming or fishing,
or trust’s 2008 estimated tax. You may
substitute 66
2
/
% for 90% in (1) under
What’s New
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also find it helpful to refer to the 2008
General rule, earlier.
Use your 2007 tax return as a guide in
Form 1041-ES.
Household employers. When
figuring your 2008 estimated tax, but be
Paying by check or money order. If
estimating the tax on your 2008 tax
sure to consider the following changes.
you are paying by check or money order,
return, include your household
For more information on these changes
use the estimated tax payment vouchers
employment taxes if either of the following
and other changes that may affect your
in this package to ensure your estimated
applies.
2008 estimated tax, see Pub. 553.
•
tax payments are credited correctly to
You will have federal income tax
your account. Use the Record of
withheld from wages, pensions, annuities,
Credit or exclusion for adoption
Estimated Tax Payments on page 6 to
or other income effectively connected with
benefits increased. The maximum
keep track of the payments you have
a U.S. trade or business.
adoption credit has increased to $11,650.
made and the due dates and amounts of
•
You would be required to make
The maximum exclusion from income for
your remaining payments.
estimated tax payments to avoid a
benefits received under an employer’s
Change of address. File these payment
penalty even if you did not include
adoption assistance program has
vouchers using your current address. If
household employment taxes when
increased to $11,650. These amounts are
this is a new mailing address, file Form
figuring your estimated tax.
phased out if your modified adjusted
8822, Change of Address, to update your
gross income (MAGI) is between
Higher income taxpayers. If your
record.
$174,730 and $214,730. You cannot
adjusted gross income for 2007 was more
claim the credit or exclusion if your
Preprinted vouchers. Because you are
than $150,000 ($75,000 if your filing
modified MAGI is $214,730 or more.
making estimated tax payments for 2008,
status for 2008 is married filing
estimated tax payment vouchers for 2009
separately), substitute 110% for 100% in
Retirement savings plans. The
will be sent to you preprinted with your
(2) under General rule, earlier. This rule
following paragraphs highlight changes
name, address, and tax identifying
does not apply to farmers or fishermen.
that affect individual retirement
number (social security number (SSN) or
Increase your withholding. If you also
arrangements (IRAs) and pension plans.
Individual Taxpayer Identification Number
receive salaries and wages, you may be
For more information, see Pub. 590,
(ITIN)), along with return envelopes and a
able to avoid having to make estimated
Individual Retirement Arrangements
copy of the instructions.
tax payments on your other income by
(IRAs).
If you do not want to receive the
asking your employer to take more tax out
TIP
vouchers and envelopes, simply
of your earnings. To do this, file a new
Traditional IRA deduction limits
begin making your estimated tax
Form W-4, Employee’s Withholding
increased. You may be able to deduct
payments electronically.
Allowance Certificate, with your employer.
up to $5,000 ($6,000 if age 50 or older at
the end of the year). You may be able to
Who Must Make Estimated
Additional Information You
take an IRA deduction if you were
covered by a retirement plan at work and
Tax Payments
May Need
your 2008 modified adjusted gross
income (MAGI) is less than $63,000
General rule. In most cases, you must
You can find most of the information you
($105,000 if a qualifying widow(er)).
make estimated tax payments if you
will need in Pub. 505, Tax Withholding
expect to owe at least $1,000 in tax for
and Estimated Tax.
Cat. No. 50007F
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