Tax Resources
 

How to Pay Estimated Tax?

If you have determined that you need to pay estimated tax to the IRS, the next step is to find out how to pay estimated tax. Below are ways to pay estimated tax.

How to pay estimated tax?

There are five ways to pay estimated tax:

  • you can pay your estimated tax by crediting an overpayment on your previous years tax return to your current year estimated tax.

     

  • you can pay your estimated tax by sending in your payment either check or money order with a payment voucher from the IRS form 1040-ES (Estimated Tax for individuals).

 

How to Pay Estimated Tax

Estimate tax paymetns

  • you can pay your estimated tax by using the Electronic Federal Tax Payment System or EFTPS which is very convenient.

     

  • you can pay by electronic funds withdrawal if you are filing IRS tax form 1040 or Form 1040A electronically.

     

  • you can pay by credit card using a pay by phone system or the internet

 

Tax Questions