Form 1040-Es(Nr) - Record Of Estimated Tax Payments - 2008 Page 3
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5uncollected employee social security and
To complete the voucher, do the
Instructions for the 2008
Medicare tax or RRTA tax on tips or
following.
•
group-term life insurance, tax on golden
Print or type your name, address, and
Estimated Tax Worksheet
parachute payments, or excise tax on
social security number (SSN) in the space
insider stock compensation from an
provided on the estimated tax payment
Line 1. Adjusted Gross Income. Use
expatriated corporation. These taxes are
voucher. If you do not have, and are not
your 2007 tax return (Form 1040NR or
not required to be paid until the due date
eligible to obtain, an SSN, enter your
1040NR-EZ) and instructions as a guide
of your income tax return (not including
IRS-issued individual taxpayer
to figuring the adjusted gross income you
extensions).
identification number (ITIN). To apply for
expect in 2008 (but be sure to consider
an ITIN, see Form W-7, Application for
the changes listed on page 1 under
Line 19. If you are a household
IRS Individual Taxpayer Identification
What’s New).
employer and you make advance EIC
Number.
payments to your employee(s), reduce
Line 9. Credits. See the instructions for
•
Enter in the box provided on the
your required estimated tax payment for
the 2007 Form 1040NR, lines 44 through
estimated tax payment voucher only the
50.
each period by the amount of advance
amount you are sending in by check or
EIC payments paid during the period.
Line 11. Other Taxes. Use the
money order. When making payments of
instructions for the 2007 Form 1040NR to
estimated tax, be sure to take into
When a Penalty Is Applied
determine if you expect to owe, for 2008,
account any 2007 overpayment that you
any of the taxes that would have been
In some cases, you may owe a penalty
choose to credit against your 2008 tax,
entered on line 55 (additional tax on early
when you file your return. The penalty is
but do not include the overpayment
distributions only), line 57, and any
imposed on each underpayment for the
amount in this box.
write-ins on line 58 of the 2007 Form
•
number of days it remains unpaid. A
Make your check or money order
1040NR. On line 11, enter the total of
penalty may be applied if you did not pay
payable to the “United States Treasury.”
those taxes, subject to the following two
enough estimated tax for the year or you
Do not send cash. To help process your
exceptions.
did not make the payments on time or in
payment, enter the amount on the right
Exception 1. Include household
the required amount. A penalty may apply
side of the check like this: $ XXX.XX. Do
employment taxes (line 57) on this line
even if you have an overpayment on your
not use dashes or lines (for example, do
xx
only if:
tax return.
not enter “$ XXX-” or “$ XXX
”).
100
•
•
You will have federal income tax
Write your identifying number (SSN or
The penalty may be waived under
withheld from wages, pensions, annuities,
ITIN) and “2008 Form 1040-ES(NR)” on
certain conditions. See Pub. 505 for
or other income effectively connected with
your check or money order.
details.
•
a U.S. trade or business, or
Enclose, but do not staple or attach,
•
You would be required to make
your payment with the estimated tax
How To Pay Estimated Tax
estimated tax payments (to avoid a
payment voucher.
•
penalty) even if you did not include
Mail your payment voucher to the
Pay by Check or Money Order
household employment taxes when
Internal Revenue Service, P.O. Box
Using the Estimated Tax
figuring your estimated tax.
660406, Dallas, TX 75266-0406.
•
Payment Voucher
If you meet one or both of the above,
Fill in the Record of Estimated Tax
include in the amount on line 11 the total
Payments on page 6 for your files.
There is a separate estimated tax
of your household employment taxes
payment voucher for each due date. The
Pay Electronically
before subtracting advance EIC payments
due date is shown in the upper right
made to your employee(s).
corner. Be sure you use the voucher with
Paying electronically helps to ensure
Exception 2. Of the amounts for
the correct due date for each payment
timely receipt of your estimated tax
other taxes that may be entered on line
you make. Complete and send in the
payment. You can pay electronically
58, do not include on line 11 tax on
voucher only if you are making a payment
using the following convenient, safe, and
recapture of a federal mortgage subsidy,
by check or money order.
secure electronic payment options.
2008 Tax Rate Schedules
Caution: Do not use these Tax Rate Schedules to figure your 2007 taxes. Use only to figure your 2008 estimated taxes.
Schedule X — Use if your 2008 filing status is Single
Schedule Z — Use if your 2008 filing status is Qualifying Widow or
Widower
of the
of the
If line 5 is:
But not
The tax is:
amount
If line 5 is:
But not
The tax is:
amount
Over —
over —
over —
Over —
over —
over —
$0
$8,025
- - - - - - 10%
$0
$0
$16,050
- - - - - - 10%
$0
8,025
32,550
$802.50 + 15%
8,025
16,050
65,100
$1,605 + 15%
16,050
32,550
78,850
4,481.25 + 25%
32,550
65,100
131,450
8,962.50 + 25%
65,100
78,850
164,550
16,056.25 + 28%
78,850
131,450
200,300
25,550 + 28%
131,450
164,550
357,700
40,052.25 + 33%
164,550
200,300
357,700
44,828 + 33%
200,300
357,700
- - - - - -
103,791.75 + 35%
357,700
357,700
- - - - - -
96,770 + 35%
357,700
Schedule Y — Use if your 2008 filing status is Married filing separately
Schedule W — Use if your 2008 filing status is Estate or Trust
of the
of the
If line 5 is:
But not
The tax is:
amount
If line 5 is:
But not
The tax is:
amount
Over —
over —
over —
Over —
over —
over —
$0
$8,025
- - - - - - 10%
$0
$0
$2,200
- - - - - - 15%
$0
8,025
32,550
$802.50 + 15%
8,025
2,200
5,150
$330 + 25%
2,200
32,550
65,725
4,481.25 + 25%
32,550
5,150
7,850
1,067.50 + 28%
5,150
65,725
100,150
12,775 + 28%
65,725
7,850
10,700
1,823.50 + 33%
7,850
100,150
178,850
22,414 + 33%
100,150
10,700
- - - - - -
2,764 + 35%
10,700
178,850
- - - - - -
48,385 + 35%
178,850
-3-
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