I need to file taxes separately this yr and will have investment income. How can I make an estimated federal payment before yearend to avoid penalties?

I will have dividend and capital gain income this year and filing separate I will not have as many deductions so I anticipate a Federal Tax bill and would like to send $ now to try to avoid penalties when filing. How can I do this?

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1 Best answer

Level 15

May 31, 2019 6:17:54 PM

Here are the 1040ES instructions and blank forms (where to mail is on page 5)

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

Or you can pay on the IRS website. Be sure to pick 2016 1040ES payment

www.irs.gov/payments

If you pay directly on the IRS website here's a screen shot of what to pick

Level 15

May 31, 2019 6:17:54 PM

Here are the 1040ES instructions and blank forms (where to mail is on page 5)

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

Or you can pay on the IRS website. Be sure to pick 2016 1040ES payment

www.irs.gov/payments

If you pay directly on the IRS website here's a screen shot of what to pick

Level 15

May 31, 2019 6:17:56 PM

Screen shot added to above

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I need to file taxes separately this yr and will have investment income. How can I make an estimated federal payment before yearend to avoid penalties?