ukraine
Join us and stand with the people of Ukraine
Donate now

Fillable Form 1040-ES (2022)

Rate

(5 / 5) 4 votes
Fillable Form 1040-ES (2022) - Thumbnail Show form versions

Get your Form 1040-ES (2022) in 3 easy steps

  • 01 Fill and edit template
  • 02 Sign it online
  • 03 Export or print immediately

What Is 1040 ES Form 2022 Payment Voucher? — Brief Outline

Form 1040-ES is targeted at freelancers, as well as individuals who work independently within their own businesses, for determining and paying estimated due to date taxes for the ongoing financial year. In this case, you don’t have a boss who withholds and sends taxes to Internal Revenue Service for you, so it’s your sole responsibility. You can get a fillable 1040-ES here, fill it out as well as file it electronically, or print it easily.

Form 1040-ES vs. Form 1040: Assessing Nuances

If you’re wondering about the distinction between Form 1040 and IRS 1040ES, you should know these two docs don’t exclude one another. While form 1040 is aimed at reporting your yearly income tax, blank 1040-ES is utilized for recording profit on a quarterly basis. Thus, two forms work alongside, just like carrot cake and cream cheese icing.

By breaking your yearly income tax into quarterly installments, the government focuses on the amount of quarter revenue tax you’ve paid throughout the year. That allows effectively keeping tabs on this stuff as well. Below, we will briefly guide over the notion of estimated taxes, and then cover the process of completing form 1040-ES

Estimated Tax Payouts Explained

There are categories of taxpayers whose profit is not formed so that tax payouts are withheld at the source. Independently operating entrepreneurs, freelance workers, for instance, do not have tax withheld from their received payments.

Income from rent payments, various retirement programs, stock sales, dividends, and similar forms of revenue are also not taxed at the source. If your earnings come within the above-mentioned or similar situations, then sorting out estimated tax is among your obligations.  

Estimated tax payment includes a calculation of your earnings for the ongoing year. Keep in mind, if you underestimate this payment, it will lead to an underpayment, which, in its turn, shall leave you with a penalty. To avert any penalties of this kind, report your current year’s earnings based on your taxes of the previous year.

If you render 100% of the previous year’s tax, you won’t end up having to pay the penalty. If you overpay, you’re free to apply for a tax refund at the end of the year. Last but not least here: always pay your quarterly tax on time, otherwise you’re going to face more penalties.

Details on Filling Out 1040-ES Form

The printable blank 1040 ES consists of several sections:

  • instructions;
  • self-employment tax and withholding table;
  • tax rate schedules;
  • estimated tax table;
  • record of estimated tax payouts;
  • 1040 ES payment voucher.

Estimated Tax Forms: Find, Fill in, and Edit Online

Rummaging the net for 1040 ES form to fill out and file digitally? Then PDFliner is exactly what you need. There are all kinds of tax files (along with other types of documents) and get to complete them online within minutes in a few clicks.

No more scanning, printing, and other annoying paperwork. Our service makes filing and editing documents as easy as ABC.  

So choose the best suitable subscription plan for your needs and start making the most of all perks PDFliner comes with today. Our services are about a lot more than finding and filing 1040 ES. PDFliner saves time and boosts business as no other online PDF editor does. Ready to go paperless today? Your free trial is just a few clicks away. Contact us with any questions.

When are Estimated Taxes Due

The federal tax payment estimated is the tax payment you expect to owe for the current year, and is generally payable in four equal installments, on April 15, June 15, September 15, and January 15 of the following year. If the due date for any installment falls on a Saturday, Sunday, or legal holiday, the next business day is the due date.

Can IRS form for estimated tax payment be avoided?

Yes, estimated tax payments can be avoided if the taxpayer meets certain requirements. These requirements include having a valid Social Security number, filing a joint return, and having a certain amount of income.

Relevant for 1040-ES form 2022

1040, W-2 what is 1040nr ez form w 9 blank fillable 8962 form 3520 irs schedule h form 1040 household employment taxes form 1042 s 1120 a tax form

IRS Form 1040-ES Resources

How to fill out Form 1040-ES? Step-by-step Guide:

Step 1: Open a blank 1040 ES form in PDFLiner, scroll down to boxes to fill, and press them;

Step 2: Enter information about expected income and profit;

Step 3: Subtract 1b line from 1a line;

Step 4: Multiply the 2nd line by 92.35 percent and the 3rd line by 2.9 percent;

Step 5: Provide maximum income of social security tax;

Step 6: Enter expected wages;

Step 7: Subtract the 6th line from the 5th line;

Step 8: Enter the smaller number of the 7th line or the 3rd line;

Step 9: Multiply the 8th line by 12.4 percent;

Step 10: Add lines 9 and 4;

Step 11: Multiply the 10th line by 50 percent. It is the expected deduction for self-employment tax;

Step 12: Fill out the information on Estimated Tax Worksheet. And record Estimated Tax Payments.

Form Versions

2020 Fillable Form 1040-ES (2020) Fill Out Form
2021 Fillable Form 1040-ES (2021) Fill Out Form

FAQ: Fillable Form 1040-ES Popular Questions

  • When is a 1040-ES deadline?

    You should file estimated tax payments four times during the taxation year. Usually, taxpayers who pay during a calendar year must file this form due on April 15, June 15, September 15, January 15 of the following annum. This is a widespread practice for most individuals. Yet, if you work according to a fiscal year calendar, dates might change.

  • How to get a printable Payment Voucher?

    There is an opportunity to get Form 1040 ES in two ways. You may either search this document on IRS official website or open it on PDFLiner, which is easier. The document is already prepared to be filled online and does not require any downloading on your computer.

  • What is the 1040-ES form for?

    1040-ES was created by IRS for taxpayers. It allows calculating taxes for the current year and making sure you neither overpay nor underpay anything. File 1040 relates to the last year as well, and estimated tax form allows calculating the current year’s taxes. You can use the blank for income and self-employment taxes.

  • Do I need to file 1040-ES?

    You must file Form 1040 ES in case you expect having $1000 or more in taxes, and credits and deductions were calculated. You must also have withholding or credits less than the number calculated, which is $600 in this example, or anything under $1000.

  • Where to mail Form 1040-ES?

    There is a list of addresses in the form for residents of the US or foreign countries. You should use the most appropriate one. Make sure you fill out this year’s form since addresses might change. For foreign countries, the address is IRS P.O. Box 1303 Charlotte, NC 28201-1303, for local ones, it depends on the state you live in.

  • What is line 13a c on form 1040-ES?

    There is no line 13a or c. Line 13 in Form 1040 ES is for income tax withheld or estimated to be held during the year. You have to include the tax withholding on annuities, pensions, or deferred income. In line 14a, you should use the data from the 13th string, subtracting it from the 12c.

  • Who should file IRS form 1040-ES?

    Individual taxpayers who expect to owe $1,000 or more in taxes for the year should file IRS Form 1040-ES. This includes sole proprietors, single-member LLCs, and anyone who expects to owe self-employment tax.

  • When to use IRS Form 1040-ES?

    Use IRS Form 1040-ES to figure and pay your estimated tax for the current tax year if you expect to owe tax of $1,000 or more when you file your return.

What people say

  • Fred Walters
    Entrepreneur
    Now that I’ve switched from Word to PDFLiner, I save lots of time processing and digitally distributing tons of billing forms, work orders, forecast reports, and invoices. In addition to this, thanks to PDFLiner, we’ve significantly minimized our paper consumption. Excellent tool that helps me cope with my business workflow faster and easier.
  • Peter Scheffel
    Self-employed attorney
    PDFLiner allows me to streamline the processes of generating and managing legal documents, as well as collecting electronic signatures for all my contracts and agreements. I like that I can customize forms on the go and access PDFLiner from all my gadgets. No more printing or scanning! That’s just brilliant!
  • Lisa Matthews
    University student
    When you’re a student, you deal with PDFs a lot… Newsletters, various worksheets, official forms you need to fill in and sign, etc… To me, filling out a PDF form used to be among the trickiest and most time-consuming things ever. But then a friend of mine introduced me to PDFLiner, and oh my God, my life has changed since then. It’s easy to use and has so many great features. Just awesome, I love it!
Fillable online Form 1040-ES (2022)
Rate
(5 / 5) 4 votes
Please, wait...
We use unpersonalized cookies to keep our site working and collect statistics for marketing purposes. By continuing to use this site, you consent to this policy. Learn more
Accept