Quarterly Estimated 2025 Taxes

[irv681]

I am going to have quarterly payments withdrawn from my account automatically.  Do I need to wait until 1040-ES are final before filling my taxes

[VolvoGirl]

How do you have the estimates automatically taken out of your bank account?  I don’t think you can do that.  You need to mail in a check with the 1040ES slip or pay the IRS directly Online.  

[MayaD]

You only need to send the 1040-ES when you are mailing in a check or money order.

The estimated tax payment is based on an estimation of your income for the current year. You can use your previous year’s taxes as a guide. As long as you pay 100 percent of the previous year's tax, you won’t be subject to the penalty. If you overpay, you will receive a refund when you file your return. 

Make sure to pay a sufficient amount and to pay the quarterly tax in a timely fashion to avoid any penalty for a particular quarter.

Form 1040-ES