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Level 1
posted Jul 3, 2020 6:25:47 PM

How to send estimated tax for 2020

For July 15 deadline, I'll need to pay the estimated taxes for following two quarters:

First quarter: formerly due on April 15
Second quarter: formerly due on June 15

My question is that should I
1)Fill two separate Payment Voucher forms and write two separate checks, or
2)Fill one Payment Voucher form and write one check (with the sum of two quarters' due)

1 9 3421
9 Replies
Level 15
Jul 3, 2020 6:38:36 PM

Either way.

New Member
Jul 5, 2020 11:45:37 PM

2019 I filed my tax while employed by a company> Now I'm self employed can turbo tax help me file quarterly vouchers for 2020?

Level 15
Jul 6, 2020 7:39:30 AM

To prepare estimates for next year you start with your current return, (if you can't get back into your return try this, On the Tax Timeline page you have to select Add A State to get back into your return). But be careful not to change anything on your real return.

 

You can just type W4 in the search box at the top of your return , click on Find. Then Click on Jump To and it will take you to the estimated tax payments section. Say no to changing your W-4 and the next screen will start the estimated taxes section.

 

OR Go to….
Federal Taxes or Personal (Self Employed/H&B version)
Other Tax Situations
Other Tax Forms
Form W-4 and Estimated Taxes - Click the Start or Update button

 

Or here are the blank Estimates and instructions from the IRS…..
http://www.irs.gov/pub/irs-pdf/f1040es.pdf

 

The 1040ES quarterly estimates are due April 15, 2020, June 15, Sept 15 and Jan 15, 2021. The first quarter is not due until July 15 this year. Your state will also have their own estimate forms. You mail in the estimates with a check or you can do it electronically at the IRS and maybe your state.

 

Or you can pay directly on the IRS website https://www.irs.gov/payments

Be sure to pick the right kind of payment and year.....2020 Estimate

New Member
Jul 8, 2020 4:41:15 PM

I have not sent in any quarterly payments for 2020 yet.  Should I send them now on seperate checks.

Level 15
Jul 8, 2020 4:45:39 PM

You can send 1 check for the total.  The first 2 quarters (April 15 & June 15) are not due until July 15 now due to Covid-19.  

New Member
Jul 11, 2020 2:23:39 PM

By check

Level 15
Jul 11, 2020 2:25:52 PM

Here are the blank Estimates and instructions…..

http://www.irs.gov/pub/irs-pdf/f1040es.pdf

Returning Member
Jul 12, 2020 9:48:31 AM

Where's my federal taxes, where is my stimulus check what address you mailed my check to?? Because my money not on trobo green dot money card

Returning Member
Jul 12, 2020 9:50:41 AM

Where's my money at?????