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Who must pay estimated taxes?

on your prior year tax return. Your prior year tax return must cover all 12 months. Estimated payments are due on April 15, June 17, September 16 and then January 15, of the next calendar year. To calculate the amount you should send...

Form 2210- Underpayment of Estimated Taxes

return must cover all 12 months. In general, you may owe a penalty for the current tax year if the total of your withholdings and timely estimated payments did not equal at least the smaller of the above amounts. Penalties may also apply if you...

Installment Agreement (Form 9465)

they agree to let you pay the tax you owe in monthly installments. In return, you agree to make your monthly payments on time. You also agree to meet all your future tax obligations. This means that you must have enough withholding...

Other Federal Withholdings

TaxSlayer Entry: To report these other withholdings, please log into your TaxSlayer account and select Federal Section >> Payments & Estimates >> Other Federal Withholdings (or Other State Withholdings) . Note: If you enter......

Other State Witholdings

Entry: To report these other withholdings, please log into your TaxSlayer account and select Federal Section >> Payments & Estimates >> Other State Withholdings . Note : If you enter a withholding amount here that is already listed...

Description of Additional Taxes that You May Have Paid

Federal Estimated Payments : Federal estimated payments are generally payments that you make to the IRS either because: You are self-employed; OR You owed the IRS on your tax return last year. You would have had to personally mail...

1099-R: Should I use the Simplified Method Worksheet to figure my taxable amount?

the Simplified Method if your annuity starting date (line 3 above) was after November 18, 1996, and BOTH of the following apply: The payments are from a qualified employee plan, a qualified employee annuity, or a tax-sheltered annuity plan...

Deduction for State and Local Income Taxes

these amounts. State and local income taxes paid during the current tax year for a prior year. For example, if you filed your state return last year and you owed an amount to the state, you would have had to make a payment or payments...

Injured Spouse Allocation Form (Form 8379)

the past-due amount, The injured spouse has reported income such as wages, taxable, interest, etc., on the joint return , and The injured spouse made payments such as federal income tax withheld or estimated payments, or claimed the EIC...

Is my Scholarship/Grant Taxable?

expenses, such as room and board, travel, and optional equipment, and generally amounts received as payments for teaching, research, or other services required as a condition for receiving the scholarship or fellowship grant. For additional...