JohnB5677
Expert Alumni

Self employed

Follow the steps below to prepare your estimated taxes.  The program will populate your 2022 numbers, but you can adjust them as needed,

 

  1. On the menu bar on the left that shows.
    1. My Info
    2. Federal
    3. State
    4. Review
    5. File
  2. Select Tax Tools
  3. On the drop-down select Tools
  4. There will be 4 green boxes
  5. Select Tax Topics
  6. Select 1040-es estimated tax for next year.

This will calculate quarterly estimated tax payments and prepare vouchers (Form 1040-ES) for you to print. 

 

You're not required to make estimated tax payments; we're just suggesting it based on the info in your return. If you feel they're not needed for next year's taxes, you can shred them.

  • You can mail your payment along with the corresponding 1040-ES voucher to the IRS address listed on the voucher. 
  • Additional estimated tax payment options, including direct debit, credit card, cash, and wire transfer, are available at the IRS Payment website.
  • You also have the option when you file your return to apply some or all of your refund to your estimated tax payments for the coming tax year.

How do I prepare Estimated Taxes.

 Quarterly payment due dates 


 

 

 

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