Get your taxes done using TurboTax

you can not use Turbotax to make estimated tax payments. all it can do is print vouchers for you to mail in with a check.

on the other hand, you can use the IRS website to make tax payments without the need to mail anything in

if you have employees their payroll taxes must be deposited using the EFTPS which you can also use to make your personal estimated tax payments

even with employees, you have the option to make estimated tax payments for yourself using Direct Pay or Credit Card/Digital Wallet option 

after you submit the payment request, you'll be able to print a receipt that will have tracing info should the IRS ever question the payment.

https://www.irs.gov/payments 

 

 

if you have state income taxes your state probably has a website to make an electronic payment. again at the end, a receipt can be printed 

 

 

if you had a tax liability for 2021 you can not wait until filing time to pay the taxes you owe. 

here are the federal rules for estimated tax payments to avoid penalties

 

There will be no federal penalties for not paying in enough taxes during the year if withholding

1) and timely estimated tax payments equal or exceed 90% of your 2022 tax or

2) and timely estimated tax payments equal or exceed 100% of your 2021 tax (110% if your 2021 adjusted gross income was more than $150K) or

3) the balance due after subtracting taxes withheld from 90% of your 2022 tax is less than $1,000 or

4) your total taxes are less than $1,000

 

the lower of 1 or 2 is your required annual payment.  under the simplified method for estimated tax penalties, 25% of this amount must be paid in by 4/18, 50% by 6/15, 75% by 9/15 and 100% by year-end.

 

failing this and being subject to penalties you can use the annualized installment income method. 

this method requires knowing your income and deductions thru 3/31, then 5/31, then 8/31, and finally tear end which should be the same as the tax return. the income is annualized. taxes are computed on the annualized income and then de- annualized. your tax payments for each period must equal or exceed these amounts to avoid penalties

 

form 2210 page 3

https://www.irs.gov/pub/irs-pdf/f2210.pdf   

 

state laws vary