2015 Form 1040-ES Estimated Tax for Individual

1st payment
. . . . . . . . . . . . . . . . .
April 15, 2015
2nd payment
. . . . . . . . . . . . . . . .
June 15, 2015
3rd payment
. . . . . . . . . . . . . . . . .
Sept. 15, 2015
4th payment
. . . . . . . . . . . . . . . . .
Jan. 15, 2016*
* You do not have to make the payment due January 15,
2016, if you file your 2015 tax return by February 1, 2016,
and pay the entire balance due with your return.
If you mail your payment and it is postmarked by the
due date, the date of the U.S. postmark is considered the
date of payment. If your payments are late or you did not
pay enough, you may be charged a penalty for
underpaying your tax. See When a Penalty Is Applied,
You can make more than four estimated tax
payments. To do so, make a copy of one of your
unused estimated tax payment vouchers, fill it in,
and mail it with your payment. If you make more than four
payments, to avoid a penalty, make sure the total of the
amounts you pay during a payment period is at least as
much as the amount required to be paid by the due date
for that period. For other payment methods, see How To
Pay Estimated Tax, later.
No income subject to estimated tax during first pay-
ment period. If, after March 31, 2015, you have a large
change in income, deductions, additional taxes, or credits
that requires you to start making estimated tax payments,
you should figure the amount of your estimated tax
payments by using the annualized income installment
method, explained in chapter 2 of Pub. 505. If you use the
annualized income installment method, file Form 2210,
Underpayment of Estimated Tax by Individuals, Estates,
and Trusts, including Schedule AI, with your 2015 tax
return even if no penalty is owed.
Farmers and fishermen. If at least two-thirds of your
gross income for 2014 or 2015 is from farming or fishing,
you can do one of the following.
Pay all of your estimated tax by January 15, 2016.
File your 2015 Form 1040 by March 1, 2016, and pay
the total tax due. In this case, 2015 estimated tax
payments are not required to avoid a penalty.
Fiscal year taxpayers. You are on a fiscal year if your
12-month tax period ends on any day except December
31. Due dates for fiscal year taxpayers are the 15th day of
the 4th, 6th, and 9th months of your current fiscal year and
the 1st month of the following fiscal year. If any payment
date falls on a Saturday, Sunday, or legal holiday, use the
next business day.
Name Change
If you changed your name because of marriage, divorce,
etc., and you made estimated tax payments using your
former name, attach a statement to the front of your 2015
paper tax return. On the statement, show all of the
estimated tax payments you (and your spouse, if filing
jointly) made for 2015 and the name(s) and SSN(s) under
which you made the payments.
Be sure to report the change to your local Social
Security Administration office before filing your 2015 tax
return. This prevents delays in processing your return and
issuing refunds. It also safeguards your future social
security benefits. For more details, call the Social Security
Administration at 1-800-772-1213 (TTY/TDD
How To Amend Estimated Tax
To change or amend your estimated tax payments,
refigure your total estimated tax payments due (see the
2015 Estimated Tax Worksheet). Then, to figure the
payment due for each remaining payment period, see
Amended estimated tax in chapter 2 of Pub. 505. If an
estimated tax payment for a previous period is less than
one-fourth of your amended estimated tax, you may owe a
penalty when you file your return.
When a Penalty Is Applied
In some cases, you may owe a penalty when you file your
return. The penalty is imposed on each underpayment for
the number of days it remains unpaid. A penalty may be
applied if you did not pay enough estimated tax for the
year or you did not make the payments on time or in the
required amount. A penalty may apply even if you have an
overpayment on your tax return.
The penalty may be waived under certain conditions.
See chapter 4 of Pub. 505 for details.
How To Pay Estimated Tax
Pay Online
Paying online is convenient and secure and helps make
sure we get your payments on time. You can pay using
either of the following electronic payment methods.
Direct transfer from your bank account. Go to IRS.gov.
Click on “Pay Your Tax Bill” and then “Direct Pay.”
Debit or credit card.
To pay your taxes online or for more information, go to
Pay by Phone
Paying by phone is another safe and secure method of
paying electronically. Use one of the following methods.
Direct transfer using Electronic Federal Tax Payment
System (EFTPS).
Debit or credit card.
Direct Transfer. To use EFTPS, you must be enrolled.
You can enroll online or have an enrollment form mailed to
you. To make a payment using EFPTS, call
1-800-555-4477 (English) or 1-800-244-4829 (Espanol).
People who are deaf, hard of hearing, or have a speech
disability and who have access to TTY/TDD equipment
can call 1-800-733-4829. For more information about
EFTPS, go to www.irs.gov/payments.
Debit or credit card. To pay using a debit or credit card,
you can call one of the following service providers. There
is a convenience fee charged by these providers that
varies by provider, card type, and payment amount.
Form 1040-ES (2015) -3-
Page 3/12
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