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H R Block 2011 Free Filing

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H R Block 2011 Free Filing

H r block 2011 free filing 12. H r block 2011 free filing   How To Get More Information Table of Contents Internal Revenue ServiceLow Income Taxpayer Clinics (LITCs) Small Business Administration Other Federal Agencies This section describes the help the IRS and other federal agencies offer to taxpayers who operate their own businesses. H r block 2011 free filing Internal Revenue Service Whether it's help with a tax issue, preparing your tax return or a need for a free publication or form, get the help you need the way you want it: online, use a smart phone, call or walk in to an IRS office or volunteer site near you. H r block 2011 free filing Free help with your return. H r block 2011 free filing   You can get free help preparing your return nationwide from IRS-certified volunteers. H r block 2011 free filing The Volunteer Income Tax Assistance (VITA) program helps low-to-moderate income, elderly, people with disabilities, and limited English proficient taxpayers. H r block 2011 free filing The Tax Counseling for the Elderly (TCE) program helps taxpayers age 60 and older with their tax returns. H r block 2011 free filing Most VITA and TCE sites offer free electronic filing and all volunteers will let you know about credits and deductions you may be entitled to claim. H r block 2011 free filing In addition, some VITA and TCE sites provide taxpayers the opportunity to prepare their own return with help from an IRS-certified volunteer. H r block 2011 free filing To find the nearest VITA or TCE site, you can use the VITA Locator Tool on IRS. H r block 2011 free filing gov, download the IRS2Go app, or call 1-800-906-9887. H r block 2011 free filing   As part of the TCE program, AARP offers the Tax-Aide counseling program. H r block 2011 free filing To find the nearest AARP Tax-Aide site, visit AARP's website at www. H r block 2011 free filing aarp. H r block 2011 free filing org/money/taxaide or call 1-888-227-7669. H r block 2011 free filing For more information on these programs, go to IRS. H r block 2011 free filing gov and enter “VITA” in the search box. H r block 2011 free filing Internet. H r block 2011 free filing    IRS. H r block 2011 free filing gov and IRS2Go are ready when you are —24 hours a day, 7 days a week. H r block 2011 free filing Download the free IRS2Go app from the iTunes app store or from Google Play. H r block 2011 free filing Use it to check your refund status, order transcripts of your tax returns or tax account, watch the IRS YouTube channel, get IRS news as soon as it's released to the public, subscribe to filing season updates or daily tax tips, and follow the IRS Twitter news feed, @IRSnews, to get the latest federal tax news, including information about tax law changes and important IRS programs. H r block 2011 free filing Check the status of your 2013 refund with the Where's My Refund? application on IRS. H r block 2011 free filing gov or download the IRS2Go app and select the Refund Status option. H r block 2011 free filing The IRS issues more than 9 out of 10 refunds in less than 21 days. H r block 2011 free filing Using these applications, you can start checking on the status of your return within 24 hours after we receive your e-filed return or 4 weeks after you mail a paper return. H r block 2011 free filing You will also be given a personalized refund date as soon as the IRS processes your tax return and approves your refund. H r block 2011 free filing The IRS updates Where's My Refund? every 24 hours, usually overnight, so you only need to check once a day. H r block 2011 free filing Use the Interactive Tax Assistant (ITA) to research your tax questions. H r block 2011 free filing No need to wait on the phone or stand in line. H r block 2011 free filing The ITA is available 24 hours a day, 7 days a week, and provides you with a variety of tax information related to general filing topics, deductions, credits, and income. H r block 2011 free filing When you reach the response screen, you can print the entire interview and the final response for your records. H r block 2011 free filing New subject areas are added on a regular basis. H r block 2011 free filing  Answers not provided through ITA may be found in Tax Trails, one of the Tax Topics on IRS. H r block 2011 free filing gov which contain general individual and business tax information or by searching the IRS Tax Map, which includes an international subject index. H r block 2011 free filing You can use the IRS Tax Map, to search publications and instructions by topic or keyword. H r block 2011 free filing The IRS Tax Map integrates forms and publications into one research tool and provides single-point access to tax law information by subject. H r block 2011 free filing When the user searches the IRS Tax Map, they will be provided with links to related content in existing IRS publications, forms and instructions, questions and answers, and Tax Topics. H r block 2011 free filing Coming this filing season, you can immediately view and print for free all 5 types of individual federal tax transcripts (tax returns, tax account, record of account, wage and income statement, and certification of non-filing) using Get Transcript. H r block 2011 free filing You can also ask the IRS to mail a return or an account transcript to you. H r block 2011 free filing Only the mail option is available by choosing the Tax Records option on the IRS2Go app by selecting Mail Transcript on IRS. H r block 2011 free filing gov or by calling 1-800-908-9946. H r block 2011 free filing Tax return and tax account transcripts are generally available for the current year and the past three years. H r block 2011 free filing Determine if you are eligible for the EITC and estimate the amount of the credit with the Earned Income Tax Credit (EITC) Assistant. H r block 2011 free filing Visit Understanding Your IRS Notice or Letter to get answers to questions about a notice or letter you received from the IRS. H r block 2011 free filing If you received the First Time Homebuyer Credit, you can use the First Time Homebuyer Credit Account Look-up tool for information on your repayments and account balance. H r block 2011 free filing Check the status of your amended return using Where's My Amended Return? Go to IRS. H r block 2011 free filing gov and enter Where's My Amended Return? in the search box. H r block 2011 free filing You can generally expect your amended return to be processed up to 12 weeks from the date we receive it. H r block 2011 free filing It can take up to 3 weeks from the date you mailed it to show up in our system. H r block 2011 free filing Make a payment using one of several safe and convenient electronic payment options available on IRS. H r block 2011 free filing gov. H r block 2011 free filing Select the Payment tab on the front page of IRS. H r block 2011 free filing gov for more information. H r block 2011 free filing Determine if you are eligible and apply for an online payment agreement, if you owe more tax than you can pay today. H r block 2011 free filing Figure your income tax withholding with the IRS Withholding Calculator on IRS. H r block 2011 free filing gov. H r block 2011 free filing Use it if you've had too much or too little withheld, your personal situation has changed, you're starting a new job or you just want to see if you're having the right amount withheld. H r block 2011 free filing Determine if you might be subject to the Alternative Minimum Tax by using the Alternative Minimum Tax Assistant on IRS. H r block 2011 free filing gov. H r block 2011 free filing Request an Electronic Filing PIN by going to IRS. H r block 2011 free filing gov and entering Electronic Filing PIN in the search box. H r block 2011 free filing Download forms, instructions and publications, including accessible versions for people with disabilities. H r block 2011 free filing Locate the nearest Taxpayer Assistance Center (TAC) using the Office Locator tool on IRS. H r block 2011 free filing gov, or choose the Contact Us option on the IRS2Go app and search Local Offices. H r block 2011 free filing An employee can answer questions about your tax account or help you set up a payment plan. H r block 2011 free filing Before you visit, check the Office Locator on IRS. H r block 2011 free filing gov, or Local Offices under Contact Us on IRS2Go to confirm the address, phone number, days and hours of operation, and the services provided. H r block 2011 free filing If you have a special need, such as a disability, you can request an appointment. H r block 2011 free filing Call the local number listed in the Office Locator, or look in the phone book under United States Government, Internal Revenue Service. H r block 2011 free filing Apply for an Employer Identification Number (EIN). H r block 2011 free filing Go to IRS. H r block 2011 free filing gov and enter Apply for an EIN in the search box. H r block 2011 free filing Read the Internal Revenue Code, regulations, or other official guidance. H r block 2011 free filing Read Internal Revenue Bulletins. H r block 2011 free filing Sign up to receive local and national tax news and more by email. H r block 2011 free filing Just click on “subscriptions” above the search box on IRS. H r block 2011 free filing gov and choose from a variety of options. H r block 2011 free filing    Phone. H r block 2011 free filing You can call the IRS, or you can carry it in your pocket with the IRS2Go app on your smart phone or tablet. H r block 2011 free filing Download the free IRS2Go app from the iTunes app store or from Google Play. H r block 2011 free filing Call to locate the nearest volunteer help site, 1-800-906-9887 or you can use the VITA Locator Tool on IRS. H r block 2011 free filing gov, or download the IRS2Go app. H r block 2011 free filing Low-to-moderate income, elderly, people with disabilities, and limited English proficient taxpayers can get free help with their tax return from the nationwide Volunteer Income Tax Assistance (VITA) program. H r block 2011 free filing The Tax Counseling for the Elderly (TCE) program helps taxpayers age 60 and older with their tax returns. H r block 2011 free filing Most VITA and TCE sites offer free electronic filing. H r block 2011 free filing Some VITA and TCE sites provide IRS-certified volunteers who can help prepare your tax return. H r block 2011 free filing Through the TCE program, AARP offers the Tax-Aide counseling program; call 1-888-227-7669 to find the nearest Tax-Aide location. H r block 2011 free filing Call the automated Where's My Refund? information hotline to check the status of your 2013 refund 24 hours a day, 7 days a week at 1-800-829-1954. H r block 2011 free filing If you e-file, you can start checking on the status of your return within 24 hours after the IRS receives your tax return or 4 weeks after you've mailed a paper return. H r block 2011 free filing The IRS issues more than 9 out of 10 refunds in less than 21 days. H r block 2011 free filing Where's My Refund? will give you a personalized refund date as soon as the IRS processes your tax return and approves your refund. H r block 2011 free filing Before you call this automated hotline, have your 2013 tax return handy so you can enter your social security number, your filing status, and the exact whole dollar amount of your refund. H r block 2011 free filing The IRS updates Where's My Refund? every 24 hours, usually overnight, so you only need to check once a day. H r block 2011 free filing Note, the above information is for our automated hotline. H r block 2011 free filing Our live phone and walk-in assistors can research the status of your refund only if it's been 21 days or more since you filed electronically or more than 6 weeks since you mailed your paper return. H r block 2011 free filing Call the Amended Return Hotline, 1-866-464-2050, to check the status of your amended return. H r block 2011 free filing You can generally expect your amended return to be processed up to 12 weeks from the date we receive it. H r block 2011 free filing It can take up to 3 weeks from the date you mailed it to show up in our system. H r block 2011 free filing Call 1-800-TAX-FORM (1-800-829-3676) to order current-year forms, instructions, publications, and prior-year forms and instructions (limited to 5 years). H r block 2011 free filing You should receive your order within 10 business days. H r block 2011 free filing Call TeleTax, 1-800-829-4477, to listen to pre-recorded messages covering general and business tax information. H r block 2011 free filing If, between January and April 15, you still have questions about the Form 1040, 1040A, or 1040EZ (like filing requirements, dependents, credits, Schedule D, pensions and IRAs or self-employment taxes), call 1-800-829-1040. H r block 2011 free filing Call using TTY/TDD equipment, 1-800-829-4059 to ask tax questions or order forms and publications. H r block 2011 free filing The TTY/TDD telephone number is for people who are deaf, hard of hearing, or have a speech disability. H r block 2011 free filing These individuals can also contact the IRS through relay services such as the Federal Relay Service. H r block 2011 free filing    Walk-in. H r block 2011 free filing You can find a selection of forms, publications and services — in-person. H r block 2011 free filing Products. H r block 2011 free filing You can walk in to some post offices, libraries, and IRS offices to pick up certain forms, instructions, and publications. H r block 2011 free filing Some IRS offices, libraries, and city and county government offices have a collection of products available to photocopy from reproducible proofs. H r block 2011 free filing Services. H r block 2011 free filing You can walk in to your local TAC for face-to-face tax help. H r block 2011 free filing An employee can answer questions about your tax account or help you set up a payment plan. H r block 2011 free filing Before visiting, use the Office Locator tool on IRS. H r block 2011 free filing gov, or choose the Contact Us option on the IRS2Go app and search Local Offices for days and hours of operation, and services provided. H r block 2011 free filing    Mail. H r block 2011 free filing You can send your order for forms, instructions, and publications to the address below. H r block 2011 free filing You should receive a response within 10 business days after your request is received. H r block 2011 free filing  Internal Revenue Service 1201 N. H r block 2011 free filing Mitsubishi Motorway Bloomington, IL 61705-6613    The Taxpayer Advocate Service Is Here to Help You. H r block 2011 free filing The Taxpayer Advocate Service (TAS) is your voice at the IRS. H r block 2011 free filing Our job is to ensure that every taxpayer is treated fairly and that you know and understand your rights. H r block 2011 free filing   What can TAS do for you? We can offer you free help with IRS problems that you can't resolve on your own. H r block 2011 free filing We know this process can be confusing, but the worst thing you can do is nothing at all! TAS can help if you can't resolve your tax problem and: Your problem is causing financial difficulties for you, your family, or your business. H r block 2011 free filing You face (or your business is facing) an immediate threat of adverse action. H r block 2011 free filing You've tried repeatedly to contact the IRS but no one has responded, or the IRS hasn't responded by the date promised. H r block 2011 free filing   If you qualify for our help, you'll be assigned to one advocate who'll be with you at every turn and will do everything possible to resolve your problem. H r block 2011 free filing Here's why we can help: TAS is an independent organization within the IRS. H r block 2011 free filing Our advocates know how to work with the IRS. H r block 2011 free filing Our services are free and tailored to meet your needs. H r block 2011 free filing We have offices in every state, the District of Columbia, and Puerto Rico. H r block 2011 free filing   How can you reach us? If you think TAS can help you, call your local advocate, whose number is in your local directory and at Taxpayer Advocate, or call us toll-free at 1-877-777-4778. H r block 2011 free filing   How else does TAS help taxpayers?  TAS also works to resolve large-scale, systemic problems that affect many taxpayers. H r block 2011 free filing If you know of one of these broad issues, please report it to us through our Systemic Advocacy Management System. H r block 2011 free filing Low Income Taxpayer Clinics (LITCs) Low Income Taxpayer Clinics (LITCs) serve individuals whose income is below a certain level and need to resolve tax problems such as audits, appeals and tax collection disputes. H r block 2011 free filing Some clinics can provide information about taxpayer rights and responsibilities in different languages for individuals who speak English as a second language. H r block 2011 free filing Visit Taxpayer Advocate or see IRS Publication 4134, Low Income Taxpayer Clinic List. H r block 2011 free filing Small Business Administration The Small Business Administration (SBA) offers training and educational programs, counseling services, financial programs, and contract assistance for small business owners. H r block 2011 free filing The SBA also has publications and videos on a variety of business topics. H r block 2011 free filing The following briefly describes assistance provided by the SBA. H r block 2011 free filing Small Business Development Centers (SBDCs). H r block 2011 free filing   SBDCs provide counseling, training, and technical services to current and prospective small business owners who cannot afford the services of a private consultant. H r block 2011 free filing Help is available when beginning, improving, or expanding a small business. H r block 2011 free filing Business Information Centers (BICs). H r block 2011 free filing   BICs offer a small business reference library, management video tapes, and computer technology to help plan a business. H r block 2011 free filing BICs also offer one-on-one assistance. H r block 2011 free filing Individuals who are in business or are interested in starting a business can use BICs as often as they wish at no charge. H r block 2011 free filing Service Corps of Retired Executives (SCORE). H r block 2011 free filing   SCORE provides small business counseling and training to current and prospective small business owners. H r block 2011 free filing SCORE is made up of current and former business people who offer their expertise and knowledge to help people start, manage, and expand a small business. H r block 2011 free filing SCORE also offers a variety of small business workshops. H r block 2011 free filing Internet. H r block 2011 free filing    You can visit the SBA website at www. H r block 2011 free filing sba. H r block 2011 free filing gov. H r block 2011 free filing While visiting the SBA website, you can find a variety of information of interest to small business owners. H r block 2011 free filing Phone. H r block 2011 free filing    Call the SBA Answer Desk at 1-800-U-ASK-SBA (1-800-827-5722) for general information about programs available to assist small business owners. H r block 2011 free filing Walk-in. H r block 2011 free filing   You can walk in to a Small Business Development Center or Business Information Center to request assistance with your small business. H r block 2011 free filing To find the location nearest you, visit the SBA website or call the SBA Answer Desk. H r block 2011 free filing Other Federal Agencies Other federal agencies also publish publications and pamphlets to assist small businesses. H r block 2011 free filing Most of these are available from the Superintendent of Documents at the Government Printing Office. H r block 2011 free filing You can get information and order these publications and pamphlets in several ways. H r block 2011 free filing Internet. H r block 2011 free filing   You can visit the GPO website at  www. H r block 2011 free filing access. H r block 2011 free filing gpo. H r block 2011 free filing gov. H r block 2011 free filing Mail. H r block 2011 free filing   Write to the GPO at the following address. H r block 2011 free filing  Superintendent of Documents U. H r block 2011 free filing S. H r block 2011 free filing Government Printing Office P. H r block 2011 free filing O. H r block 2011 free filing Box 979050 St. H r block 2011 free filing Louis, MO 63917-9000 Phone. H r block 2011 free filing   Call the GPO toll-free at 1-866-512-1800 or at 202-512-1800 from the Washington, DC, area. H r block 2011 free filing Prev  Up  Next   Home   More Online Publications
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The H R Block 2011 Free Filing

H r block 2011 free filing 2. H r block 2011 free filing   Estimated Tax for 2014 Table of Contents Introduction Topics - This chapter discusses: Useful Items - You may want to see: Who Does Not Have To Pay Estimated Tax Who Must Pay Estimated TaxGeneral Rule Married Taxpayers Special Rules Aliens Estates and Trusts How To Figure Estimated Tax2014 Estimated Tax Worksheet When To Pay Estimated TaxWhen To Start Farmers and Fishermen How To Figure Each PaymentRegular Installment Method Annualized Income Installment Method Estimated Tax Payments Not Required How To Pay Estimated TaxCredit an Overpayment Pay Online Pay by Phone Pay by Check or Money Order Using the Estimated Tax Payment Voucher Introduction Estimated tax is the method used to pay tax on income that is not subject to withholding. H r block 2011 free filing This includes income from self-employment, interest, dividends, alimony, rent, gains from the sale of assets, prizes, and awards. H r block 2011 free filing You also may have to pay estimated tax if the amount of income tax being withheld from your salary, pension, or other income is not enough. H r block 2011 free filing Estimated tax is used to pay both income tax and self-employment tax, as well as other taxes and amounts reported on your tax return. H r block 2011 free filing If you do not pay enough tax, either through withholding or estimated tax, or a combination of both, you may have to pay a penalty. H r block 2011 free filing If you do not pay enough by the due date of each payment period (see When To Pay Estimated Tax , later), you may be charged a penalty even if you are due a refund when you file your tax return. H r block 2011 free filing For information on when the penalty applies, see chapter 4. H r block 2011 free filing It would be helpful for you to have a copy of your 2013 tax return and an estimate of your 2014 income nearby while reading this chapter. H r block 2011 free filing Topics - This chapter discusses: Who must pay estimated tax, How to figure estimated tax (including illustrated examples), When to pay estimated tax, How to figure each payment, and How to pay estimated tax. H r block 2011 free filing Useful Items - You may want to see: Form (and Instructions) 1040-ES Estimated Tax for Individuals See chapter 5 for information about how to get this publication and form. H r block 2011 free filing Worksheets. H r block 2011 free filing   You may need to use several of the blank worksheets included in this chapter. H r block 2011 free filing See Worksheets for Chapter 2, later, to locate what you need. H r block 2011 free filing Who Does Not Have To Pay Estimated Tax If you receive salaries and wages, you may be able to avoid paying estimated tax by asking your employer to take more tax out of your earnings. H r block 2011 free filing To do this, file a new Form W-4 with your employer. H r block 2011 free filing See chapter 1. H r block 2011 free filing Estimated tax not required. H r block 2011 free filing   You do not have to pay estimated tax for 2014 if you meet all three of the following conditions. H r block 2011 free filing You had no tax liability for 2013. H r block 2011 free filing You were a U. H r block 2011 free filing S. H r block 2011 free filing citizen or resident alien for the whole year. H r block 2011 free filing Your 2013 tax year covered a 12-month period. H r block 2011 free filing   You had no tax liability for 2013 if your total tax (defined later under Total tax for 2013—line 14b ) was zero or you did not have to file an income tax return. H r block 2011 free filing Please click here for the text description of the image. H r block 2011 free filing Figure 2-A: Do You Have To Pay Estimated Tax? Who Must Pay Estimated Tax If you owed additional tax for 2013, you may have to pay estimated tax for 2014. H r block 2011 free filing You can use the following general rule as a guide during the year to see if you will have enough withholding, or should increase your withholding or make estimated tax payments. H r block 2011 free filing General Rule In most cases, you must pay estimated tax for 2014 if both of the following apply. H r block 2011 free filing You expect to owe at least $1,000 in tax for 2014, after subtracting your withholding and refundable credits. H r block 2011 free filing You expect your withholding and refundable credits to be less than the smaller of: 90% of the tax to be shown on your 2014 tax return, or 100% of the tax shown on your 2013 tax return. H r block 2011 free filing Your 2013 tax return must cover all 12 months. H r block 2011 free filing Note. H r block 2011 free filing The percentages in (2a) or (2b) above may be different if you are a farmer, fisherman, or higher income taxpayer. H r block 2011 free filing See Special Rules , later. H r block 2011 free filing If the result from using the general rule above suggests that you will not have enough withholding, complete the 2014 Estimated Tax Worksheet for a more accurate calculation. H r block 2011 free filing Figure 2-A takes you through the general rule. H r block 2011 free filing You may find this helpful in determining if you must pay estimated tax. H r block 2011 free filing If all your income will be subject to income tax withholding, you probably do not need to pay estimated tax. H r block 2011 free filing Example 1. H r block 2011 free filing Jane Smart uses Figure 2-A and the following information to figure whether she should pay estimated tax for 2014. H r block 2011 free filing She files as head of household claiming her dependent son, takes the standard deduction, and expects no refundable credits for 2014. H r block 2011 free filing Expected adjusted gross income (AGI) for 2014 $82,800 AGI for 2013 $73,700 Total tax on 2013 return (Form 1040,  line 61) $  8,746 Total 2014 estimated tax (line 13c of the 2014 Estimated Tax Worksheet) $11,015 Tax expected to be withheld in 2014 $10,000 Jane's answer to Figure 2-A, box 1, is YES; she expects to owe at least $1,000 for 2014 after subtracting her withholding from her expected total tax ($11,015 − $10,000 = $1,015). H r block 2011 free filing Her answer to box 2a is YES; she expects her income tax withholding ($10,000) to be at least 90% of the tax to be shown on her 2014 return ($11,015 × 90% = $9,913. H r block 2011 free filing 50). H r block 2011 free filing Jane does not need to pay estimated tax. H r block 2011 free filing Example 2. H r block 2011 free filing The facts are the same as in Example 1, except that Jane expects only $8,700 tax to be withheld in 2014. H r block 2011 free filing Because that is less than $9,913. H r block 2011 free filing 50, her answer to box 2a is NO. H r block 2011 free filing Jane's answer to box 2b is also NO; she does not expect her income tax withholding ($8,700) to be at least 100% of the total tax shown on her 2013 return ($8,746). H r block 2011 free filing Jane must increase her withholding or pay estimated tax for 2014. H r block 2011 free filing Example 3. H r block 2011 free filing The facts are the same as in Example 2, except that the total tax shown on Jane's 2013 return was $8,600. H r block 2011 free filing Because she expects to have more than $8,600 withheld in 2014 ($8,700), her answer to box 2b is YES. H r block 2011 free filing Jane does not need to pay estimated tax for 2014. H r block 2011 free filing Married Taxpayers If you qualify to make joint estimated tax payments, apply the rules discussed here to your joint estimated income. H r block 2011 free filing You and your spouse can make joint estimated tax payments even if you are not living together. H r block 2011 free filing However, you and your spouse cannot make joint estimated tax payments if: You are legally separated under a decree of divorce or separate maintenance, You and your spouse have different tax years, Either spouse is a nonresident alien (unless that spouse elected to be treated as a resident alien for tax purposes). H r block 2011 free filing See Choosing Resident Alien Status in Publication 519, or Individuals of the same sex and opposite sex who are in registered domestic partnerships, civil unions, or other similar formal relationships that are not marriages under state law cannot make joint estimated tax payments. H r block 2011 free filing These individuals can take credit only for the estimated tax payments that he or she made. H r block 2011 free filing If you and your spouse cannot make joint estimated tax payments, apply these rules to your separate estimated income. H r block 2011 free filing Making joint or separate estimated tax payments will not affect your choice of filing a joint tax return or separate returns for 2014. H r block 2011 free filing 2013 separate returns and 2014 joint return. H r block 2011 free filing   If you plan to file a joint return with your spouse for 2014, but you filed separate returns for 2013, your 2013 tax is the total of the tax shown on your separate returns. H r block 2011 free filing You filed a separate return if you filed as single, head of household, or married filing separately. H r block 2011 free filing 2013 joint return and 2014 separate returns. H r block 2011 free filing   If you plan to file a separate return for 2014, but you filed a joint return for 2013, your 2013 tax is your share of the tax on the joint return. H r block 2011 free filing You file a separate return if you file as single, head of household, or married filing separately. H r block 2011 free filing   To figure your share of the tax on a joint return, first figure the tax both you and your spouse would have paid had you filed separate returns for 2013 using the same filing status for 2014. H r block 2011 free filing Then multiply the tax on the joint return by the following fraction. H r block 2011 free filing      The tax you would have paid had you filed a separate return   The total tax you and your spouse would have paid had you filed separate returns Example. H r block 2011 free filing Joe and Heather filed a joint return for 2013 showing taxable income of $48,500 and a tax of $6,386. H r block 2011 free filing Of the $48,500 taxable income, $40,100 was Joe's and the rest was Heather's. H r block 2011 free filing For 2014, they plan to file married filing separately. H r block 2011 free filing Joe figures his share of the tax on the 2013 joint return as follows: Tax on $40,100 based on separate return $5,960 Tax on $8,400 based on separate return 843 Total $6,803 Joe's percentage of total ($5,960 ÷ $6,803) 87. H r block 2011 free filing 6% Joe's share of tax on joint return  ($6,386 × 87. H r block 2011 free filing 6%) $5,594 Special Rules There are special rules for farmers, fishermen, and certain higher income taxpayers. H r block 2011 free filing Farmers and Fishermen If at least two-thirds of your gross income for 2013 or 2014 is from farming or fishing, substitute 662/3% for 90% in (2a) under General Rule , earlier. H r block 2011 free filing Gross income. H r block 2011 free filing   Your gross income is all income you receive in the form of money, goods, property, and services that is not exempt from tax. H r block 2011 free filing To determine whether two-thirds of your gross income for 2013 was from farming or fishing, use as your gross income the total of the income (not loss) amounts. H r block 2011 free filing Joint returns. H r block 2011 free filing   On a joint return, you must add your spouse's gross income to your gross income to determine if at least two-thirds of your total gross income is from farming or fishing. H r block 2011 free filing Gross income from farming. H r block 2011 free filing   This is income from cultivating the soil or raising agricultural commodities. H r block 2011 free filing It includes the following amounts. H r block 2011 free filing Income from operating a stock, dairy, poultry, bee, fruit, or truck farm. H r block 2011 free filing Income from a plantation, ranch, nursery, range, orchard, or oyster bed. H r block 2011 free filing Crop shares for the use of your land. H r block 2011 free filing Gains from sales of draft, breeding, dairy, or sporting livestock. H r block 2011 free filing   For 2013, gross income from farming is the total of the following amounts. H r block 2011 free filing Schedule F (Form 1040), Profit or Loss From Farming, line 9. H r block 2011 free filing Form 4835, Farm Rental Income and Expenses, line 7. H r block 2011 free filing Your share of the gross farming income from a partnership, S corporation, estate or trust, from: Schedule K-1 (Form 1065), Schedule K-1 (Form 1120S), or Schedule K-1 (Form 1041). H r block 2011 free filing Your gains from sales of draft, breeding, dairy, or sporting livestock shown on Form 4797, Sales of Business Property. H r block 2011 free filing   Wages you receive as a farm employee and wages you receive from a farm corporation are not gross income from farming. H r block 2011 free filing Gross income from fishing. H r block 2011 free filing   This is income from catching, taking, harvesting, cultivating, or farming any kind of fish, shellfish (for example, clams and mussels), crustaceans (for example, lobsters, crabs, and shrimp), sponges, seaweeds, or other aquatic forms of animal and vegetable life. H r block 2011 free filing   Gross income from fishing includes the following amounts. H r block 2011 free filing Schedule C (Form 1040), Profit or Loss From Business. H r block 2011 free filing Income for services as an officer or crew member of a vessel while the vessel is engaged in fishing. H r block 2011 free filing Your share of the gross fishing income from a partnership, S corporation, estate or trust, from: Schedule K-1 (Form 1065), Schedule K-1 (Form 1120S), or Schedule K-1 (Form 1041). H r block 2011 free filing Certain taxable interest and punitive damage awards received in connection with the Exxon Valdez litigation. H r block 2011 free filing Income for services normally performed in connection with fishing. H r block 2011 free filing Services normally performed in connection with fishing include: Shore service as an officer or crew member of a vessel engaged in fishing, and Services that are necessary for the immediate preservation of the catch, such as cleaning, icing, and packing the catch. H r block 2011 free filing Higher Income Taxpayers If your AGI for 2013 was more than $150,000 ($75,000 if your filing status for 2014 is married filing a separate return), substitute 110% for 100% in (2b) under General Rule , earlier. H r block 2011 free filing For 2013, AGI is the amount shown on Form 1040, line 37; Form 1040A, line 21; and Form 1040EZ, line 4. H r block 2011 free filing Note. H r block 2011 free filing This rule does not apply to farmers and fishermen. H r block 2011 free filing Aliens Resident and nonresident aliens also may have to pay estimated tax. H r block 2011 free filing Resident aliens should follow the rules in this publication, unless noted otherwise. H r block 2011 free filing Nonresident aliens should get Form 1040-ES (NR), U. H r block 2011 free filing S. H r block 2011 free filing Estimated Tax for Nonresident Alien Individuals. H r block 2011 free filing You are an alien if you are not a citizen or national of the United States. H r block 2011 free filing You are a resident alien if you either have a green card or meet the substantial presence test. H r block 2011 free filing For more information about withholding, the substantial presence test, and Form 1040-ES (NR), see Publication 519. H r block 2011 free filing Estates and Trusts Estates and trusts also must pay estimated tax. H r block 2011 free filing However, estates (and certain grantor trusts that receive the residue of the decedent's estate under the decedent's will) are exempt from paying estimated tax for the first 2 years after the decedent's death. H r block 2011 free filing Estates and trusts must use Form 1041-ES, Estimated Income Tax for Estates and Trusts, to figure and pay estimated tax. H r block 2011 free filing How To Figure Estimated Tax To figure your estimated tax, you must figure your expected AGI, taxable income, taxes, deductions, and credits for the year. H r block 2011 free filing When figuring your 2014 estimated tax, it may be helpful to use your income, deductions, and credits for 2013 as a starting point. H r block 2011 free filing Use your 2013 federal tax return as a guide. H r block 2011 free filing You can use Form 1040-ES to figure your estimated tax. H r block 2011 free filing Nonresident aliens use Form 1040-ES (NR) to figure estimated tax. H r block 2011 free filing You must make adjustments both for changes in your own situation and for recent changes in the tax law. H r block 2011 free filing Some of these changes are discussed under What's New for 2014 , earlier. H r block 2011 free filing For information about these and other changes in the law, visit the IRS website at IRS. H r block 2011 free filing gov. H r block 2011 free filing The instructions for Form 1040-ES include a worksheet to help you figure your estimated tax. H r block 2011 free filing Keep the worksheet for your records. H r block 2011 free filing 2014 Estimated Tax Worksheet Use Worksheet 2-1 to help guide you through the information about completing the 2014 Estimated Tax Worksheet. H r block 2011 free filing You can also find a copy of the worksheet in the Instructions for Form 1040-ES. H r block 2011 free filing Expected AGI—Line 1 Your expected AGI for 2014 (line 1) is your expected total income minus your expected adjustments to income. H r block 2011 free filing Total income. H r block 2011 free filing   Include in your total income all the income you expect to receive during the year, even income that is subject to withholding. H r block 2011 free filing However, do not include income that is tax exempt. H r block 2011 free filing   Total income includes all income and loss for 2014 that, if you had received it in 2013, would have been included on your 2013 tax return in the total on line 22 of Form 1040, line 15 of Form 1040A, or line 4 of Form 1040EZ. H r block 2011 free filing Social security and railroad retirement benefits. H r block 2011 free filing If you expect to receive social security or tier 1 railroad retirement benefits during 2014, use Worksheet 2-2 to figure the amount of expected taxable benefits you should include on line 1. H r block 2011 free filing Adjustments to income. H r block 2011 free filing   Be sure to subtract from your expected total income all of the adjustments you expect to take on your 2014 tax return. H r block 2011 free filing Self-employed. H r block 2011 free filing If you expect to have income from self-employment, use Worksheet 2-3 to figure your expected self-employment tax and your allowable deduction for self-employment tax. H r block 2011 free filing Include the amount from Worksheet 2-3 in your expected adjustments to income. H r block 2011 free filing If you file a joint return and both you and your spouse have net earnings from self-employment, each of you must complete a separate worksheet. H r block 2011 free filing Expected Taxable Income— Lines 2–5 Reduce your expected AGI for 2014 (line 1) by either your expected itemized deductions or your standard deduction and by your exemptions (lines 2 through 5). H r block 2011 free filing Itemized deductions—line 2. H r block 2011 free filing   If you expect to claim itemized deductions on your 2014 tax return, enter the estimated amount on line 2. H r block 2011 free filing   Itemized deductions are the deductions that can be claimed on Schedule A (Form 1040). H r block 2011 free filing    For 2014, your total itemized deductions may be reduced if your AGI is more than the amount shown next for your filing status. H r block 2011 free filing Single $254,200 Married filing jointly or qualifying widow(er) $305,050 Married filing separately $152,525 Head of household $279,650   If you expect your AGI to be more than this amount, use Worksheet 2-5 to figure the amount to enter on line 2. H r block 2011 free filing Standard deduction—line 2. H r block 2011 free filing   If you expect to claim the standard deduction on your 2014 tax return, enter the amount on line 2. H r block 2011 free filing Use Worksheet 2-4 to figure your standard deduction. H r block 2011 free filing No standard deduction. H r block 2011 free filing   The standard deduction for some individuals is zero. H r block 2011 free filing Your standard deduction will be zero if you: File a separate return and your spouse itemizes deductions, Are a dual-status alien, or File a return for a period of less than 12 months because you change your accounting period. H r block 2011 free filing Exemptions—line 4. H r block 2011 free filing   After you have subtracted either your expected itemized deductions or your standard deduction from your expected AGI, reduce the amount remaining by $3,950 for each exemption you expect to take on your 2014 tax return. H r block 2011 free filing If another person (such as your parent) can claim an exemption for you on his or her tax return, you cannot claim your own personal exemption. H r block 2011 free filing This is true even if the other person will not claim your exemption or the exemption will be reduced or eliminated under the phaseout rule. H r block 2011 free filing    For 2014, your deduction for personal exemption is reduced if your AGI is more than the amount shown next for your filing status. H r block 2011 free filing Single $254,200 Married filing jointly or qualifying widow(er) $305,050 Married filing separately $152,525 Head of household $279,650   If you expect your AGI to be more than this amount, use Worksheet 2-6 to figure the amount to enter on line 4. H r block 2011 free filing Expected Taxes and Credits— Lines 6–13c After you have figured your expected taxable income (line 5), follow the steps next to figure your expected taxes, credits, and total tax for 2014. H r block 2011 free filing Most people will have entries for only a few of these steps. H r block 2011 free filing However, you should check every step to be sure you do not overlook anything. H r block 2011 free filing Step 1. H r block 2011 free filing   Figure your expected income tax (line 6). H r block 2011 free filing Generally, you will use the 2014 Tax Rate Schedules, later, to figure your expected income tax. H r block 2011 free filing   However, see below for situations where you must use a different method to compute your estimated tax. H r block 2011 free filing Tax on child's investment income. H r block 2011 free filing   You must use a special method to figure tax on the income of the following children who have more than $2,000 of investment income. H r block 2011 free filing Children under age 18 at the end of 2014. H r block 2011 free filing The following children if their earned income is not more than half their support. H r block 2011 free filing Children age 18 at the end of 2014. H r block 2011 free filing Children who are full-time students over age 18 and under age 24 at the end of 2014. H r block 2011 free filing See Publication 929, Tax Rules for Children and Dependents. H r block 2011 free filing Although the ages and dollar amounts in the publication may be different in the 2014 revision, this reference will give you basic information for figuring the tax. H r block 2011 free filing Tax on net capital gain. H r block 2011 free filing   The regular income tax rates for individuals do not apply to a net capital gain. H r block 2011 free filing Instead, your net capital gain is taxed at a lower maximum rate. H r block 2011 free filing   The term “net capital gain” means the amount by which your net long-term capital gain for the year is more than your net short-term capital loss. H r block 2011 free filing Tax on capital gain and qualified dividends. H r block 2011 free filing If the amount on line 1 includes a net capital gain or qualified dividends, use Worksheet 2-7 to figure your tax. H r block 2011 free filing Note. H r block 2011 free filing For 2014, your capital gains and dividends rate will depend on your income. H r block 2011 free filing Tax if excluding foreign earned income or excluding or deducting foreign housing. H r block 2011 free filing If you expect to claim the foreign earned income exclusion or the housing exclusion or deduction on Form 2555 or Form 2555-EZ, use Worksheet 2-8 to figure your estimated tax. H r block 2011 free filing Step 2. H r block 2011 free filing   Total your expected taxes (line 8). H r block 2011 free filing Include on line 8 the sum of the following. H r block 2011 free filing Your tax on line 6. H r block 2011 free filing Your expected alternative minimum tax (AMT) from Form 6251, or included on Form 1040A. H r block 2011 free filing Your expected additional taxes from Form 8814, Parents' Election To Report Child's Interest and Dividends, and Form 4972, Tax on Lump-Sum Distributions. H r block 2011 free filing Any recapture of education credits. H r block 2011 free filing Step 3. H r block 2011 free filing   Subtract your expected credits (line 9). H r block 2011 free filing If you are using your 2013 return as a guide and filed Form 1040, your total credits for 2013 were shown on line 54. H r block 2011 free filing If you filed Form 1040A, your total credits for 2013 were on line 34. H r block 2011 free filing   If your credits on line 9 are more than your taxes on line 8, enter “-0-” on line 10 and go to Step 4. H r block 2011 free filing Step 4. H r block 2011 free filing   Add your expected self-employment tax (line 11). H r block 2011 free filing You already should have figured your self-employment tax (see Self-employed under Expected AGI—Line 1, earlier). H r block 2011 free filing Step 5. H r block 2011 free filing   Add your expected other taxes (line 12). H r block 2011 free filing   Other taxes include the following. H r block 2011 free filing Additional tax on early distributions from: An IRA or other qualified retirement plan, A tax-sheltered annuity, or A modified endowment contract entered into after June 20, 1988. H r block 2011 free filing Household employment taxes if: You will have federal income tax withheld from wages, pensions, annuities, gambling winnings, or other income, or You would be required to make estimated tax payments even if you did not include household employment taxes when figuring your estimated tax. H r block 2011 free filing Amounts written on Form 1040 on the line for “other taxes” (line 60 on the 2013 Form 1040). H r block 2011 free filing But, do not include recapture of a federal mortgage subsidy; tax on excess golden parachute payments; look-back interest due under section 167(g) or 460(b) of the Internal Revenue Code; excise tax on insider stock compensation from an expatriated corporation; uncollected social security and Medicare tax or RRTA tax on tips or group-term life insurance; or additional tax on advance payments of health coverage tax credit when not eligible. H r block 2011 free filing Repayment of the first-time homebuyer credit. H r block 2011 free filing See Form 5405. H r block 2011 free filing Additional Medicare Tax. H r block 2011 free filing A 0. H r block 2011 free filing 9% Additional Medicare Tax applies to your combined Medicare wages and self-employment income and/or your RRTA compensation that exceeds the amount listed in the following chart, based on your filing status. H r block 2011 free filing Filing Status Threshold Amount Married filing jointly $250,000 Married filing separately $125,000 Single $200,000 Head of household $200,000 Qualifying Widow(er) $200,000 Medicare wages and self-employment income are combined to determine if your income exceeds the threshold. H r block 2011 free filing A self-employment loss should not be considered for purposes of this tax. H r block 2011 free filing RRTA compensation should be separately compared to the threshold. H r block 2011 free filing Your employer is responsible for withholding the 0. H r block 2011 free filing 9% Additional Medicare Tax on Medicare wages or RRTA compensation it pays to you in excess of $200,000 in 2014. H r block 2011 free filing You should consider this withholding, if applicable, in determining whether you need to make an estimated payment. H r block 2011 free filing For more information on Additional Medicare Tax, go to IRS. H r block 2011 free filing gov and enter “Additional Medicare Tax” in the search box. H r block 2011 free filing Net Investment Income Tax (NIIT). H r block 2011 free filing The NIIT is 3. H r block 2011 free filing 8% of the lesser of your net investment income or the excess of your modified adjusted gross income over the amount listed in the following chart, based on your filing status. H r block 2011 free filing Filing Status Threshold Amount Married filing jointly $250,000 Married filing separately $125,000 Single $200,000 Head of household $200,000 Qualifying Widow(er) $250,000 For more information on Net Investment Income Tax, go to IRS. H r block 2011 free filing gov and enter “Net Investment Income Tax” in the search box. H r block 2011 free filing Step 6. H r block 2011 free filing   Subtract your refundable credit (line 13b). H r block 2011 free filing   To figure your expected fuel tax credit, do not include fuel tax for the first three quarters of the year that you expect to have refunded to you. H r block 2011 free filing   The result of steps 1 through 6 is your total estimated tax for 2014 (line 13c). H r block 2011 free filing Required Annual Payment— Line 14c On lines 14a through 14c, figure the total amount you must pay for 2014, through withholding and estimated tax payments, to avoid paying a penalty. H r block 2011 free filing General rule. H r block 2011 free filing   The total amount you must pay is the smaller of: 90% of your total expected tax for 2014, or 100% of the total tax shown on your 2013 return. H r block 2011 free filing Your 2013 tax return must cover all 12 months. H r block 2011 free filing Special rules. H r block 2011 free filing   There are special rules for higher income taxpayers and for farmers and fishermen. H r block 2011 free filing Higher income taxpayers. H r block 2011 free filing   If your AGI for 2013 was more than $150,000 ($75,000 if your filing status for 2014 is married filing separately), substitute 110% for 100% in (2) above. H r block 2011 free filing This rule does not apply to farmers and fishermen. H r block 2011 free filing For 2013, AGI is the amount shown on Form 1040, line 37; Form 1040A, line 21; and Form 1040EZ, line 4. H r block 2011 free filing Example. H r block 2011 free filing   Jeremy Martin's total tax on his 2013 return was $42,581, and his expected tax for 2014 is $71,253. H r block 2011 free filing His 2013 AGI was $180,000. H r block 2011 free filing Because Jeremy had more than $150,000 of AGI in 2013, he figures his required annual payment as follows. H r block 2011 free filing He determines that 90% of his expected tax for 2014 is $64,128 (. H r block 2011 free filing 90 × $71,253). H r block 2011 free filing Next, he determines that 110% of the tax shown on his 2013 return is $46,839 (1. H r block 2011 free filing 10 x $42,581). H r block 2011 free filing Finally, he determines that his required annual payment is $46,839, the smaller of the two. H r block 2011 free filing Farmers and fishermen. H r block 2011 free filing   If at least two-thirds of your gross income for 2013 or 2014 is from farming or fishing, your required annual payment is the smaller of: 662/3% (. H r block 2011 free filing 6667) of your total tax for 2014, or 100% of the total tax shown on your 2013 return. H r block 2011 free filing (Your 2013 tax return must cover all 12 months. H r block 2011 free filing )   For definitions of “gross income from farming” and “gross income from fishing,” see Farmers and Fishermen , under Special Rules discussed earlier. H r block 2011 free filing Total tax for 2013—line 14b. H r block 2011 free filing   Your 2013 total tax, if you filed Form 1040, is the amount on line 61 reduced by the following. H r block 2011 free filing Unreported social security and Medicare tax or RRTA tax from Forms 4137 or 8919 (line 57). H r block 2011 free filing The following amounts from Form 5329 included on line 58. H r block 2011 free filing Any tax on excess contributions to IRAs, Archer MSAs, Coverdell education savings accounts, and health savings accounts. H r block 2011 free filing Any tax on excess accumulations in qualified retirement plans. H r block 2011 free filing The following write-ins on line 60. H r block 2011 free filing Excise tax on excess golden parachute payments (identified as “EPP”). H r block 2011 free filing Excise tax on insider stock compensation from an expatriated corporation (identified as “ISC”). H r block 2011 free filing Look-back interest due under section 167(g) (identified as “From Form 8866”). H r block 2011 free filing Look-back interest due under section 460(b) (identified as “From Form 8697”). H r block 2011 free filing Recapture of federal mortgage subsidy (identified as “FMSR”). H r block 2011 free filing Additional tax on advance payments of health coverage tax credit when not eligible (identified as “HCTC”). H r block 2011 free filing Uncollected social security and Medicare tax or RRTA tax on tips or group-term life insurance (identified as “UT”). H r block 2011 free filing Any refundable credit amounts. H r block 2011 free filing   If you filed Form 1040A, your 2013 total tax is the amount on line 35 reduced by any refundable credits. H r block 2011 free filing   If you filed Form 1040EZ, your 2013 total tax is the amount on line 10 reduced by the amount on line 8a. H r block 2011 free filing Total Estimated Tax Payments Needed—Line 16a Use lines 15 and 16a to figure the total estimated tax you may be required to pay for 2014. H r block 2011 free filing Subtract your expected withholding from your required annual payment (line 14c). H r block 2011 free filing You usually must pay this difference in four equal installments. H r block 2011 free filing See When To Pay Estimated Tax and How To Figure Each Payment . H r block 2011 free filing You do not have to pay estimated tax if: Line 14c minus line 15 is zero or less, or Line 13c minus line 15 is less than $1,000. H r block 2011 free filing Withholding—line 15. H r block 2011 free filing   Your expected withholding for 2014 (line 15) includes the income tax you expect to be withheld from all sources (wages, pensions and annuities, etc. H r block 2011 free filing ). H r block 2011 free filing It includes excess social security, and tier 1 railroad retirement tax you expect to be withheld from your wages and compensation. H r block 2011 free filing For this purpose, you will have excess social security or tier 1 railroad retirement tax withholding for 2014 only if your wages and compensation from two or more employers are more than $117,000. H r block 2011 free filing See Excess Social Security or Railroad Retirement Tax Withholding in chapter 3. H r block 2011 free filing   It also includes Additional Medicare Tax you expect to be withheld from your wages or compensation. H r block 2011 free filing Your employer is responsible for withholding the 0. H r block 2011 free filing 9% Additional Medicare Tax on Medicare wages or RRTA compensation it pays to you in excess of $200,000. H r block 2011 free filing When To Pay Estimated Tax For estimated tax purposes, the year is divided into four payment periods. H r block 2011 free filing Each period has a specific payment due date. H r block 2011 free filing If you do not pay enough tax by the due date of each of the payment periods, you may be charged a penalty even if you are due a refund when you file your income tax return. H r block 2011 free filing If a payment is mailed, the date of the U. H r block 2011 free filing S. H r block 2011 free filing postmark is considered the date of payment. H r block 2011 free filing The payment periods and due dates for estimated tax payments are shown next. H r block 2011 free filing For exceptions to the dates listed, see Saturday, Sunday, holiday rule below. H r block 2011 free filing For the period: Due date: Jan. H r block 2011 free filing 11 – March 31 April 15 April 1 – May 31 June 16 June 1 – August 31 September 15 Sept. H r block 2011 free filing 1 – Dec. H r block 2011 free filing 31 January 15  next year2 1If your tax year does not begin on January 1,  see Fiscal year taxpayers . H r block 2011 free filing 2See January payment . H r block 2011 free filing Saturday, Sunday, holiday rule. H r block 2011 free filing   If the due date for an estimated tax payment falls on a Saturday, Sunday, or legal holiday, the payment will be on time if you make it on the next day that is not a Saturday, Sunday, or a holiday. H r block 2011 free filing January payment. H r block 2011 free filing   If you file your 2014 Form 1040 or Form 1040A by February 2, 2015, and pay the rest of the tax you owe, you do not need to make the payment due on January 15, 2015. H r block 2011 free filing Example. H r block 2011 free filing Janet Adams does not pay any estimated tax for 2014. H r block 2011 free filing She files her 2014 income tax return and pays the balance due shown on her return on January 26, 2015. H r block 2011 free filing Janet's estimated tax for the fourth payment period is considered to have been paid on time. H r block 2011 free filing However, she may owe a penalty for not making the first three estimated tax payments, if required. H r block 2011 free filing Any penalty for not making those payments will be figured up to January 26, 2015. H r block 2011 free filing Fiscal year taxpayers. H r block 2011 free filing   If your tax year does not start on January 1, your payment due dates are: The 15th day of the 4th month of your fiscal year, The 15th day of the 6th month of your fiscal year, The 15th day of the 9th month of your fiscal year, and The 15th day of the 1st month after the end of your fiscal year. H r block 2011 free filing   You do not have to make the last payment listed above if you file your income tax return by the last day of the first month after the end of your fiscal year and pay all the tax you owe with your return. H r block 2011 free filing When To Start You do not have to make estimated tax payments until you have income on which you will owe income tax. H r block 2011 free filing If you have income subject to estimated tax during the first payment period, you must make your first payment by the due date for the first payment period. H r block 2011 free filing You have several options when paying estimated taxes. H r block 2011 free filing You can: apply an overpayment from the previous tax year, pay all your estimated tax by the due date of your first payment, or pay it in installments. H r block 2011 free filing If you choose to pay in installments, make your first payment by the due date for the first payment period. H r block 2011 free filing Make your remaining installment payments by the due dates for the later periods. H r block 2011 free filing To avoid any estimated tax penalties, all installments must be paid by their due date and for the required amount. H r block 2011 free filing No income subject to estimated tax during first period. H r block 2011 free filing   If you do not have income subject to estimated tax until a later payment period, you must make your first payment by the due date for that period. H r block 2011 free filing You can pay your entire estimated tax by the due date for that period or you can pay it in installments by the due date for that period and the due dates for the remaining periods. H r block 2011 free filing Table 2-1 shows the dates for making installment payments. H r block 2011 free filing    Table 2-1. H r block 2011 free filing Due Dates for Estimated Tax Installment Payments If you first have income on which you must pay estimated tax: Make a payment  by:* Make later  installments  by:* Before April 1 April 15 June 16     Sept. H r block 2011 free filing 15     Jan. H r block 2011 free filing 15 next year April 1–May 31 June 16 Sept. H r block 2011 free filing 15     Jan. H r block 2011 free filing 15 next year June 1–Aug. H r block 2011 free filing 31 Sept. H r block 2011 free filing 15 Jan. H r block 2011 free filing 15 next year After Aug. H r block 2011 free filing 31 Jan. H r block 2011 free filing 15 next year (None) *See January payment and Saturday, Sunday, holiday rule . H r block 2011 free filing How much to pay to avoid penalty. H r block 2011 free filing   To determine how much you should pay by each payment due date, see How To Figure Each Payment , later. H r block 2011 free filing Farmers and Fishermen If at least two-thirds of your gross income for 2013 or 2014 is from farming or fishing, you have only one payment due date for your 2014 estimated tax, January 15, 2015. H r block 2011 free filing The due dates for the first three payment periods, discussed under When To Pay Estimated Tax , earlier, do not apply to you. H r block 2011 free filing If you file your 2014 Form 1040 by March 2, 2015, and pay all the tax you owe at that time, you do not need to make an estimated tax payment. H r block 2011 free filing Fiscal year farmers and fishermen. H r block 2011 free filing   If you are a farmer or fisherman, but your tax year does not start on January 1, you can either: Pay all your estimated tax by the 15th day after the end of your tax year, or File your return and pay all the tax you owe by the 1st day of the 3rd month after the end of your tax year. H r block 2011 free filing How To Figure Each Payment After you have figured your total estimated tax, figure how much you must pay by the due date of each payment period. H r block 2011 free filing You should pay enough by each due date to avoid a penalty for that period. H r block 2011 free filing If you do not pay enough during any payment period, you may be charged a penalty even if you are due a refund when you file your tax return. H r block 2011 free filing The penalty is discussed in chapter 4. H r block 2011 free filing Regular Installment Method If your first estimated tax payment is due April 15, 2014, you can figure your required payment for each period by dividing your annual estimated tax due (line 16a of the 2014 Estimated Tax Worksheet (Worksheet 2-1)) by 4. H r block 2011 free filing Enter this amount on line 17. H r block 2011 free filing However, use this method only if your income is basically the same throughout the year. H r block 2011 free filing Change in estimated tax. H r block 2011 free filing   After you make an estimated tax payment, changes in your income, adjustments, deductions, credits, or exemptions may make it necessary for you to refigure your estimated tax. H r block 2011 free filing Pay the unpaid balance of your amended estimated tax by the next payment due date after the change or in installments by that date and the due dates for the remaining payment periods. H r block 2011 free filing If you do not receive your income evenly throughout the year, your required estimated tax payments may not be the same for each period. H r block 2011 free filing See Annualized Income Installment Method . H r block 2011 free filing Amended estimated tax. H r block 2011 free filing If you refigure your estimated tax during the year, or if your first estimated tax payment is due after April 15, 2014, figure your required payment for each remaining payment period using Worksheet 2-14. H r block 2011 free filing Example. H r block 2011 free filing Early in 2014, Mira Roberts figures that her estimated tax due is $1,800. H r block 2011 free filing She makes estimated tax payments on April 15 and June 16 of $450 each ($1,800 ÷ 4). H r block 2011 free filing On July 10, she sells investment property at a gain. H r block 2011 free filing Her refigured estimated tax is $4,100. H r block 2011 free filing Her required estimated tax payment for the third payment period is $2,175, as shown in her filled-in Worksheet 2-14. H r block 2011 free filing If Mira's estimated tax does not change again, her required estimated tax payment for the fourth payment period will be $1,025. H r block 2011 free filing Worksheet 2-14. H r block 2011 free filing Amended Estimated Tax Worksheet—Illustrated               1. H r block 2011 free filing Amended total estimated tax due 1. H r block 2011 free filing $4,100 2. H r block 2011 free filing Multiply line 1 by:           50% (. H r block 2011 free filing 50) if next payment is due June 16, 2014           75% (. H r block 2011 free filing 75) if next payment is due September 15,  2014           100% (1. H r block 2011 free filing 00) if next payment is due January 15,  2015 2. H r block 2011 free filing 3,075     3. H r block 2011 free filing Estimated tax payments for all previous periods 3. H r block 2011 free filing 900     4. H r block 2011 free filing Next required payment: Subtract line 3 from line 2 and enter the result (but not less than zero) here and on your payment voucher for your next required payment 4. H r block 2011 free filing $2,175       Note. H r block 2011 free filing If the payment on line 4 is due January 15, 2015, stop here. H r block 2011 free filing Otherwise, go to line 5. H r block 2011 free filing         5. H r block 2011 free filing Add lines 3 and 4 5. H r block 2011 free filing 3,075 6. H r block 2011 free filing Subtract line 5 from line 1 and enter the result (but not less than zero) 6. H r block 2011 free filing 1,025 7. H r block 2011 free filing Each following required payment: If the payment on line 4 is due June 16, 2014, enter one-half of the amount on line 6 here and on the payment vouchers for your payments due September 15, 2014, and January 15, 2015. H r block 2011 free filing If the amount on line 4 is due September 15, 2014, enter the amount from line 6 here and on the payment voucher for your payment due January 15, 2015 7. H r block 2011 free filing $1,025 Worksheet 2-14. H r block 2011 free filing Amended Estimated Tax Worksheet—Blank               1. H r block 2011 free filing Amended total estimated tax due 1. H r block 2011 free filing   2. H r block 2011 free filing Multiply line 1 by:           50% (. H r block 2011 free filing 50) if next payment is due June 16, 2014           75% (. H r block 2011 free filing 75) if next payment is due September 15,  2014           100% (1. H r block 2011 free filing 00) if next payment is due January 15,  2015 2. H r block 2011 free filing       3. H r block 2011 free filing Estimated tax payments for all previous periods 3. H r block 2011 free filing       4. H r block 2011 free filing Next required payment: Subtract line 3 from line 2 and enter the result (but not less than zero) here and on your payment voucher for your next required payment 4. H r block 2011 free filing         Note. H r block 2011 free filing If the payment on line 4 is due January 15, 2015, stop here. H r block 2011 free filing Otherwise, go to line 5. H r block 2011 free filing         5. H r block 2011 free filing Add lines 3 and 4 5. H r block 2011 free filing   6. H r block 2011 free filing Subtract line 5 from line 1 and enter the result (but not less than zero) 6. H r block 2011 free filing   7. H r block 2011 free filing Each following required payment: If the payment on line 4 is due June 16, 2014, enter one-half of the amount on line 6 here and on the payment vouchers for your payments due September 15, 2014, and January 15, 2015. H r block 2011 free filing If the amount on line 4 is due September 15, 2014, enter the amount from line 6 here and on the payment voucher for your payment due January 15, 2015 7. H r block 2011 free filing   Underpayment penalty. H r block 2011 free filing   The penalty is figured separately for each payment period. H r block 2011 free filing If you figure your payments using the regular installment method and later refigure your payments because of an increase in income, you may be charged a penalty for underpayment of estimated tax for the period(s) before you changed your payments. H r block 2011 free filing To see how you may be able to avoid or reduce this penalty, see Annualized Income Installment Method (Schedule AI) in chapter 4. H r block 2011 free filing Annualized Income Installment Method If you do not receive your income evenly throughout the year (for example, your income from a repair shop you operate is much larger in the summer than it is during the rest of the year), your required estimated tax payment for one or more periods may be less than the amount figured using the regular installment method. H r block 2011 free filing The annualized income installment method annualizes your tax at the end of each period based on a reasonable estimate of your income, deductions, and other items relating to events that occurred from the beginning of the tax year through the end of the period. H r block 2011 free filing To see whether you can pay less for any period, complete the 2014 Annualized Estimated Tax Worksheet (Worksheet 2-9). H r block 2011 free filing You first must complete the 2014 Estimated Tax Worksheet (Worksheet 2-1) through line 16b. H r block 2011 free filing Use the result you figure on line 32 of Worksheet 2-9 to make your estimated tax payments and complete your payment vouchers. H r block 2011 free filing Note. H r block 2011 free filing If you use the annualized income installment method to figure your estimated tax payments, you must file Form 2210 with your 2014 tax return. H r block 2011 free filing See Annualized Income Installment Method (Schedule AI) in chapter 4 for more information. H r block 2011 free filing Instructions for the 2014 Annualized Estimated Tax Worksheet (Worksheet 2-9) Use Worksheet 2-9 to help you follow these instructions. H r block 2011 free filing The purpose of this worksheet is to determine your estimated tax liability as your income accumulates throughout the year, rather than dividing your entire year's estimated tax liability by four as if your income was earned equally throughout the year. H r block 2011 free filing The top of the worksheet shows the dates for each payment period. H r block 2011 free filing The periods build; that is, each period includes all previous periods. H r block 2011 free filing After the end of each payment period, complete the corresponding worksheet column to figure the payment due for that period. H r block 2011 free filing Line 1. H r block 2011 free filing   Enter your AGI for the period. H r block 2011 free filing This is your gross income for the period, including your share of partnership or S corporation income or loss, minus your adjustments to income for that period. H r block 2011 free filing See Expected AGI—Line 1 , earlier. H r block 2011 free filing Self-employment income. H r block 2011 free filing   If you had self-employment income, first complete Section B of this worksheet. H r block 2011 free filing Use the amounts on line 43 when figuring your expected AGI to enter in each column of Section A, line 1. H r block 2011 free filing Line 4. H r block 2011 free filing   Be sure to consider all deduction limits figured on Schedule A (Form 1040), such as reducing your medical expenses by 10% (7. H r block 2011 free filing 5% if either you or your spouse was born before January 2, 1950) or reducing certain miscellaneous deductions by 2% of your AGI. H r block 2011 free filing Figure your deduction limits using your expected AGI in the corresponding column of line 1 (2014 Annualized Estimated Tax Worksheet (Worksheet 2-9)). H r block 2011 free filing Line 6. H r block 2011 free filing   Multiply line 4 by line 5 and enter the result on line 6 unless line 3 is more than $305,050 if married filing jointly or qualifying widow(er), $279,650 if head of household, $254,200 if single, or $152,525 if married filing separately. H r block 2011 free filing In that case, use Worksheet 2-10 to figure the amount to enter on line 6. H r block 2011 free filing Complete Worksheet 2–10 for each period, as necessary. H r block 2011 free filing Line 7. H r block 2011 free filing   If you will not itemize your deductions, use Worksheet 2-4 to figure your standard deduction. H r block 2011 free filing Line 10. H r block 2011 free filing   Multiply $3,950 by your total expected exemptions and enter the result on line 10 unless line 3 is more than $305,050 if married filing jointly or qualifying widow(er), $279,650 if head of household, $254,200 if single, or $152,525 if married filing separately. H r block 2011 free filing   In that case, use Worksheet 2-11 to figure the amount to enter on line 10. H r block 2011 free filing Line 12. H r block 2011 free filing   Generally, you will use the Tax Rate Schedules to figure the tax on your annualized income. H r block 2011 free filing However, see below for situations where you must use a different method to compute your estimated tax. H r block 2011 free filing Tax on child's investment income. H r block 2011 free filing   You must use a special method to figure tax on the income of the following children who have more than $2,000 of investment income. H r block 2011 free filing Children under age 18 at the end of 2014. H r block 2011 free filing The following children if their earned income is not more than half their support. H r block 2011 free filing Children age 18 at the end of 2014. H r block 2011 free filing Children who are full-time students over age 18 and under age 24 at the end of 2014. H r block 2011 free filing See Publication 929. H r block 2011 free filing Tax on net capital gain. H r block 2011 free filing   The regular income tax rates for individuals do not apply to a net capital gain. H r block 2011 free filing Instead, your net capital gain is taxed at a lower maximum rate. H r block 2011 free filing   The term “net capital gain” means the amount by which your net long-term capital gain for the year is more than your net short-term capital loss. H r block 2011 free filing Tax on qualified dividends and capital gains. H r block 2011 free filing   For 2014, your capital gain and dividends rate will depend on your income. H r block 2011 free filing Tax on capital gain or qualified dividends. H r block 2011 free filing If the amount on line 1 includes a net capital gain or qualified dividends, use Worksheet 2-12 to figure the amount to enter on line 12. H r block 2011 free filing Tax if excluding foreign earned income or excluding or deducting foreign housing. H r block 2011 free filing If you expect to claim the foreign earned income exclusion or the housing exclusion or deduction on Form 2555 or Form 2555-EZ, use Worksheet 2-13 to figure the amount to enter on line 12. H r block 2011 free filing Line 13. H r block 2011 free filing   If you file Form 1040, add the tax from Forms 8814, 4972, and 6251 for the period. H r block 2011 free filing If you file Form 1040A, add the amount from the Alternative Minimum Tax Worksheet found in the instructions. H r block 2011 free filing Also include any recapture of an education credit for each period. H r block 2011 free filing You may owe this tax if you claimed an education credit in an earlier year and you received either tax-free educational assistance or a refund of qualifying expenses for the same student after filing your 2013 return. H r block 2011 free filing   Use the 2013 forms or worksheets to see if you will owe any of the taxes discussed above. H r block 2011 free filing Figure the tax based on your income and deductions during the period shown in the column headings. H r block 2011 free filing Multiply this amount by the annualization amounts shown for each column on line 2 of the 2014 Annualized Estimated Tax Worksheet (Worksheet 2-9). H r block 2011 free filing Enter the result on line 13 of this worksheet. H r block 2011 free filing Line 15. H r block 2011 free filing   Include all the nonrefundable credits you expect to claim because of events that will occur during the period. H r block 2011 free filing Note. H r block 2011 free filing When figuring your credits for each period, annualize any item of income or deduction to figure each credit. H r block 2011 free filing For example, if you need to use your AGI to figure a credit, use line 3 of Worksheet 2-9 to figure the credit for each column. H r block 2011 free filing Line 18. H r block 2011 free filing   Add your expected other taxes. H r block 2011 free filing   Other taxes include the following. H r block 2011 free filing Additional tax on early distributions from: An IRA or other qualified retirement plan, A tax-sheltered annuity, or A modified endowment contract entered into after June 20, 1988. H r block 2011 free filing Household employment taxes if: You will have federal income tax withheld from wages, pensions, annuities, gambling winnings, or other income, or You would be required to make estimated tax payments even if you did not include household employment taxes when figuring your estimated tax. H r block 2011 free filing Amounts on Form 1040 written on the line for “other taxes” (line 60 on the 2013 Form 1040). H r block 2011 free filing But do not include recapture of a federal mortgage subsidy; tax on excess golden parachute payments; look-back interest due under section 167(g) or 460(b) of the Internal Revenue Code; excise tax on insider stock compensation from an expatriated corporation; uncollected social security, Medicare, or RRTA tax on tips or group-term life insurance; or additional tax on advance payments of health coverage tax credit when not eligible. H r block 2011 free filing Repayment of the first-time homebuyer credit if the home will cease to be your main home in 2014. H r block 2011 free filing See Form 5405 for exceptions. H r block 2011 free filing Additional Medicare Tax. H r block 2011 free filing A 0. H r block 2011 free filing 9% Additional Medicare Tax applies to your combined Medicare wages and self-employment income and/or your RRTA compensation that exceeds the amount listed in the following chart, based on your filing status. H r block 2011 free filing Filing Status Threshold Amount Married filing jointly $250,000 Married filing separately $125,000 Single $200,000 Head of household $200,000 Qualifying Widow(er) $200,000 Medicare wages and self-employment income are combined to determine if your income exceeds the threshold. H r block 2011 free filing A self-employment loss should not be considered for purposes of this tax. H r block 2011 free filing RRTA compensation should be separately compared to the threshold. H r block 2011 free filing Your employer is responsible for withholding the 0. H r block 2011 free filing 9% Additional Medicare Tax on Medicare wages or RRTA compensation it pays you in excess of $200,000 in 2014. H r block 2011 free filing You should consider this withholding, if applicable, in determining whether you need to make an estimated payment. H r block 2011 free filing For more information on Additional Medicare Tax, go to IRS. H r block 2011 free filing gov and enter “Additional Medicare Tax” in the search box. H r block 2011 free filing Net Investment Income Tax (NIIT). H r block 2011 free filing The NIIT is 3. H r block 2011 free filing 8% of the lesser of your net investment income or the excess of your modified adjusted gross income over a specified threshold amount. H r block 2011 free filing Threshold amounts: Filing Status Threshold Amount Married filing jointly $250,000 Married filing separately $125,000 Single $200,000 Head of household $200,000 Qualifying Widow(er) $250,000 For more information on Net Investment Income Tax, go to IRS. H r block 2011 free filing gov and enter “Net Investment Income Tax” in the search box. H r block 2011 free filing Line 20. H r block 2011 free filing   Include all the refundable credits (other than withholding credits) you can claim because of events that occurred during the period. H r block 2011 free filing Note. H r block 2011 free filing When figuring your refundable credits for each period, annualize any item of income or deduction used to figure each credit. H r block 2011 free filing Line 29. H r block 2011 free filing   If line 28 is smaller than line 25 and you are not certain of the estimate of your 2014 tax, you can avoid a penalty by entering the amount from line 25 on line 29. H r block 2011 free filing Line 31. H r block 2011 free filing   For each period, include estimated tax payments made and any excess social security and railroad retirement tax. H r block 2011 free filing   Also include estimated federal income tax withholding. H r block 2011 free filing One-fourth of your estimated withholding is considered withheld on the due date of each payment period. H r block 2011 free filing To figure the amount to include on line 31 for each period, multiply your total expected withholding for 2014 by: 25% (. H r block 2011 free filing 25) for the first period, 50% (. H r block 2011 free filing 50) for the second period, 75% (. H r block 2011 free filing 75) for the third period, and 100% (1. H r block 2011 free filing 00) for the fourth period. H r block 2011 free filing   However, you may choose to include your withholding according to the actual dates on which the amounts will be withheld. H r block 2011 free filing For each period, include withholding made from the beginning of the period up to and including the payment due date. H r block 2011 free filing You can make this choice separately for the taxes withheld from your wages and all other withholding. H r block 2011 free filing For an explanation of what to include in withholding, see Total Estimated Tax Payments Needed—Line 16a , earlier. H r block 2011 free filing Nonresident aliens. H r block 2011 free filing   If you will file Form 1040NR and you do not receive wages as an employee subject to U. H r block 2011 free filing S. H r block 2011 free filing income tax withholding, the instructions for the worksheet are modified as follows. H r block 2011 free filing Skip column (a). H r block 2011 free filing On line 1, enter your income for the period that is effectively connected with a U. H r block 2011 free filing S. H r block 2011 free filing trade or business. H r block 2011 free filing On line 21, increase your entry by the amount determined by multiplying your income for the period that is not effectively connected with a U. H r block 2011 free filing S. H r block 2011 free filing trade or business by the following. H r block 2011 free filing 72% for column (b). H r block 2011 free filing 45% for column (c). H r block 2011 free filing 30% for column (d). H r block 2011 free filing However, if you can use a treaty rate lower than 30%, use the percentages determined by multiplying your treaty rate by 2. H r block 2011 free filing 4, 1. H r block 2011 free filing 5, and 1, respectively. H r block 2011 free filing On line 26, enter one-half of the amount from line 16c of the Form 1040-ES (NR) 2014 Estimated Tax Worksheet in column (b), and one-fourth in columns (c) and (d) of Worksheet 2-9. H r block 2011 free filing On lines 24 and 27, skip column (b). H r block 2011 free filing On line 31, if you do not use the actual withholding method, include one-half of your total expected withholding in column (b) and one-fourth in columns (c) and (d). H r block 2011 free filing See Publication 519 for more information. H r block 2011 free filing Estimated Tax Payments Not Required You do not have to pay estimated tax if your withholding in each payment period is at least as much as: One-fourth of your required annual payment, or Your required annualized income installment for that period. H r block 2011 free filing You also do not have to pay estimated tax if you will pay enough through withholding to keep the amount you will owe with your return under $1,000. H r block 2011 free filing How To Pay Estimated Tax There are several ways to pay estimated tax. H r block 2011 free filing Credit an overpayment on your 2013 return to your 2014 estimated tax. H r block 2011 free filing Pay by direct transfer from your bank account, or pay by credit or debit card using a pay-by-phone system or the Internet. H r block 2011 free filing Send in your payment (check or money order) with a payment voucher from Form 1040-ES. H r block 2011 free filing Credit an Overpayment If you show an overpayment of tax after completing your Form 1040 or Form 1040A for 2013, you can apply part or all of it to your estimated tax for 2014. H r block 2011 free filing On Form 1040, or Form 1040A, enter the amount you want credited to your estimated tax rather than refunded. H r block 2011 free filing Take the amount you have credited into account when figuring your estimated tax payments. H r block 2011 free filing If you timely file your 2013 return, treat the credit as a payment made on April 15, 2014. H r block 2011 free filing If you are a beneficiary of an estate or trust, and the trustee elects to credit 2014 trust payments of estimated tax to you, you can treat the amount credited as paid by you on January 15, 2015. H r block 2011 free filing If you choose to have an overpayment of tax credited to your estimated tax, you cannot have any of that amount refunded to you until you file your tax return for the following year. H r block 2011 free filing You also cannot use that overpayment in any other way. H r block 2011 free filing Example. H r block 2011 free filing When Kathleen finished filling out her 2013 tax return, she saw that she had overpaid her taxes by $750. H r block 2011 free filing Kathleen knew she would owe additional tax in 2014. H r block 2011 free filing She credited $600 of the overpayment to her 2014 estimated tax and had the remaining $150 refunded to her. H r block 2011 free filing In September, she amended her 2013 return by filing Form 1040X, Amended U. H r block 2011 free filing S. H r block 2011 free filing Individual Income Tax Return. H r block 2011 free filing It turned out that she owed $250 more in tax than she had thought. H r block 2011 free filing This reduced her 2013 overpayment from $750 to $500. H r block 2011 free filing Because the $750 had already been applied to her 2014 estimated tax or refunded to her, the IRS billed her for the additional $250 she owed, plus penalties and interest. H r block 2011 free filing Kathleen could not use any of the $600 she had credited to her 2014 estimated tax to pay this bill. H r block 2011 free filing Pay Online Paying online is convenient and secure and helps make sure we get your payments on time. H r block 2011 free filing You can make your estimated tax payments online when you e-file or at any time during the year. H r block 2011 free filing You can pay using either of the following electronic payment methods. H r block 2011 free filing Direct transfer from your bank account. H r block 2011 free filing Credit or debit card. H r block 2011 free filing To pay your taxes online or for more information, go to www. H r block 2011 free filing irs. H r block 2011 free filing gov/e-pay. H r block 2011 free filing Pay by Phone Paying by phone is another safe and secure method of paying electronically. H r block 2011 free filing Use one of the following methods. H r block 2011 free filing Direct transfer from your bank account. H r block 2011 free filing Credit or debit card. H r block 2011 free filing To pay by direct transfer from your bank account, call EFTPS Customer Service at 1-800-555-4477 (English), 1-800-244-4829 (Espanol), or TTY/TDD 1-800-733-4829. H r block 2011 free filing To pay using a credit or debit card, you can call one of the following service providers. H r block 2011 free filing There is a convenience fee charged by these providers that varies by provider, card type, and payment amount. H r block 2011 free filing WorldPay 1-888-9-PAY-TAXTM (1-888-972-9829) www. H r block 2011 free filing payUSAtax. H r block 2011 free filing com Official Payments Corporation 1-888-UPAY-TAXTM (1-888-872-9829) www. H r block 2011 free filing officialpayments. H r block 2011 free filing com Link2GOV Corporation 1-888-PAY-1040TM (1-888-729-1040) www. H r block 2011 free filing PAY1040. H r block 2011 free filing com For the latest details on how to pay by phone, go to www. H r block 2011 free filing irs. H r block 2011 free filing gov/e-pay. H r block 2011 free filing Pay by Check or Money Order Using the Estimated Tax Payment Voucher Each payment of estimated tax by check or money order must be accompanied by a payment voucher from Form 1040-ES. H r block 2011 free filing If you use your own envelopes (and not the window envelope that comes with the 1040-ES package), make sure you mail your payment vouchers to the address shown in the Form 1040-ES instructions for the place where you live. H r block 2011 free filing Do not use the address shown in the Form 1040 or Form 1040A instructions. H r block 2011 free filing If you did not pay estimated tax last year, get a copy of Form 1040-ES from the IRS (see chapter 5). H r block 2011 free filing Follow the instructions to make sure you use the vouchers correctly. H r block 2011 free filing Joint estimated tax payments. H r block 2011 free filing    If you file a joint return and are making joint estimated tax payments, enter the names and social security numbers on the payment voucher in the same order as they will appear on the joint return. H r block 2011 free filing Change of address. H r block 2011 free filing    You must notify the IRS if you are making estimated tax payments and you changed your address during the year. H r block 2011 free filing Complete Form 8822, Change of Address, and mail it to the address shown in the instructions for that form. H r block 2011 free filing Worksheets for Chapter 2 Use the following worksheets and tables to figure your correct estimated tax. H r block 2011 free filing IF you need. H r block 2011 free filing . H r block 2011 free filing . H r block 2011 free filing THEN use. H r block 2011 free filing . H r block 2011 free filing . H r block 2011 free filing 2014 Tax Rate Schedules   the 2014 Estimated Tax Worksheet Worksheet 2-1 to estimate your taxable social security and railroad retirement benefits—line 1 of ES Worksheet (or Annualized ES Worksheet (Worksheet 2-9)) Worksheet 2-2 to estimate your self-employment (SE) tax and your deduction for SE tax—lines 1 and 11 of ES Worksheet (lines 1 and 17 of Annualized ES Worksheet (Worksheet 2-9)) Worksheet 2-3 to estimate your standard deduction—line 2 of ES Worksheet (line 7 of Annualized ES Worksheet (Worksheet 2-9)) Worksheet 2-4 to reduce your itemized deductions because your estimated AGI is more than $152,525—line 2 of ES Worksheet Worksheet 2-5 to reduce your exemption amount because your estimated AGI is more than $152,525—line 4 of ES Worksheet Worksheet 2-6 to estimate your income tax if line 1 of your ES Worksheet includes a net capital gain or qualified dividends—line 6 of ES Worksheet Worksheet 2-7 to estimate your income tax if you expect to claim a foreign earned income exclusion or foreign housing exclusion or deduction on Form 2555 or Form 2555-EZ—line 6 of ES Worksheet Worksheet 2-8 the 2014 Annualized Estimated Tax Worksheet (Annualized ES Worksheet) Worksheet 2-9 to reduce your itemized deductions because your estimated annualized AGI is more than $152,525—line 6 of Annualized ES Worksheet Worksheet 2-10 to reduce your exemption amount because your estimated annualized AGI is more than $152,525—line 10 of Annualized ES Worksheet Worksheet 2-11 to estimate your income tax if line 1 of your Annualized ES Worksheet includes a net capital gain or qualified dividends—line 12 of Annualized ES Worksheet Worksheet 2-12 to estimate your income tax if you expect to claim a foreign earned income exclusion or foreign housing exclusion or deduction on Form 2555 or Form 2555-EZ—line 12 of Annualized ES Worksheet Worksheet 2-13 to refigure (amend) your estimated tax during the year Worksheet 2-14 2014 Tax Rate Schedules Do not use these Tax Rate Schedules to figure your 2013 taxes. H r block 2011 free filing Use them only to figure your 2014 estimated taxes. H r block 2011 free filing Schedule X—Use if your 2014 filing status is  Single Schedule Z—Use if your 2014 filing status is Head of household If line 5 is: The tax is:     If line 5 is: The tax is:     Over— But not  over—         of the  amount  over— Over— But not  over—         of the  amount  over— $0 $9,075     10. H r block 2011 free filing 0%   $0 $0 $12,950     10. H r block 2011 free filing 0%   $0 9,075 36,900 $907. H r block 2011 free filing 50 + 15. H r block 2011 free filing 0%   9,075 12,950 49,400 $1,295. H r block 2011 free filing 00 + 15. H r block 2011 free filing 0%   12,950 36,900 89,350 5,081. H r block 2011 free filing 25 + 25. H r block 2011 free filing 0%   36,900 49,400 127,550 6,762. H r block 2011 free filing 50 + 25. H r block 2011 free filing 0%   49,400 89,350 186,350 18,193. H r block 2011 free filing 75 + 28. H r block 2011 free filing 0%   89,350 127,550 206,600 26,300. H r block 2011 free filing 00 + 28. H r block 2011 free filing 0%   127,550 186,350 405,100 45,353. H r block 2011 free filing 75 + 33. H r block 2011 free filing 0%   186,350 206,600 405,100 48,434. H r block 2011 free filing 00 + 33. H r block 2011 free filing 0%   206,600 405,100 406,750 117,541. H r block 2011 free filing 25 + 35. H r block 2011 free filing 0%   405,100 405,100 432,200 113,939. H r block 2011 free filing 00 + 35. H r block 2011 free filing 0%   405,100 406,750 - - - - - - 118,118. H r block 2011 free filing 75 + 39. H r block 2011 free filing 6%   406,750 432,200 - - - - - - 123,424. H r block 2011 free filing 00 + 39. H r block 2011 free filing 6%   432,200 Schedule Y-1—Use if your 2014 filing status is Married filing jointly or Qualifying widow(er) Schedule Y-2—Use if your 2014 filing status is  Married filing separately If line 5 is: The tax is:     If line 5 is: The tax is:     Over— But not  over—         of the  amount  over— Over— But not  over—         of the  amount  over— $0 $18,150     10. H r block 2011 free filing 0%   $0 $0 $9,075     10. H r block 2011 free filing 0%   $0 18,150 73,800 $1,815. H r block 2011 free filing 00 + 15. H r block 2011 free filing 0%   18,150 9,075 36,900 $907. H r block 2011 free filing 50 + 15. H r block 2011 free filing 0%   9,075 73,800 148,850 10,162. H r block 2011 free filing 50 + 25. H r block 2011 free filing 0%   73,800 36,900 74,425 5,081. H r block 2011 free filing 25 + 25. H r block 2011 free filing 0%   36,900 148,850 226,850 28,925. H r block 2011 free filing 00 + 28. H r block 2011 free filing 0%   148,850 74,425 113,425 14,462. H r block 2011 free filing 50 + 28. H r block 2011 free filing 0%   74,425 226,850 405,100 50,765. H r block 2011 free filing 00 + 33. H r block 2011 free filing 0%   226,850 113,425 202,550 25,382. H r block 2011 free filing 50 + 33. H r block 2011 free filing 0%   113,425 405,100 457,600 109,587. H r block 2011 free filing 50 + 35. H r block 2011 free filing 0%   405,100 202,550 228,800 54,793. H r block 2011 free filing 75 + 35. H r block 2011 free filing 0%   202,550 457,600 - - - - - - 127,962. H r block 2011 free filing 50 + 39. H r block 2011 free filing 6%   457,600 228,800 - - - - - - 63,981. H r block 2011 free filing 25 + 39. H r block 2011 free filing 6%   228,800                             Worksheet 2-1. H r block 2011 free filing 2014 Estimated Tax Worksheet When this worksheet refers you to instructions, you can find those instructions in the Instructions for 2014 Form 1040-ES. H r block 2011 free filing 1 Adjusted gross income you expect in 2014 (see instructions) 1     2 If you plan to itemize deductions, enter the estimated total of your itemized deductions. H r block 2011 free filing  Caution: If line 1 is over $152,525, your deduction may be reduced. H r block 2011 free filing See Worksheet 2-5. H r block 2011 free filing If you do not plan to itemize deductions, enter your standard deduction. H r block 2011 free filing 2     3 Subtract line 2 from line 1 3     4 Exemptions. H r block 2011 free filing Multiply $3,950 by the number of personal exemptions. H r block 2011 free filing  Caution: If line 1 is over $152,525, the amount of your personal exemptions may be limited. H r block 2011 free filing See Worksheet 2-6. H r block 2011 free filing 4     5 Subtract line 4 from line 3 5     6 Tax. H r block 2011 free filing Figure your tax on the amount on line 5 by using the 2014 Tax Rate Schedules Caution: If you will have qualified dividends or a net capital gain, or expect to exclude or deduct foreign earned income or housing, see Worksheets 2-7 and 2-8 to figure the tax 6     7 Alternative minimum tax from Form 6251 or included on Form 1040A, line 28 7     8 Add lines 6 and 7. H r block 2011 free filing Add to this amount any other taxes you expect to include in the total on Form 1040, line 44 8     9 Credits (see instructions). H r block 2011 free filing Do not include any income tax withholding on this line 9     10 Subtract line 9 from line 8. H r block 2011 free filing If zero or less, enter -0- 10     11 Self-employment tax (see instructions) 11     12 Other taxes including, if applicable, Additional Medicare Tax and/or NIIT (see instructions) 12     13a Add lines 10 through 12 13a     b Earned income credit, additional child tax credit, fuel tax credit, and refundable American opportunity credit 13b     c Total 2014 estimated tax. H r block 2011 free filing Subtract line 13b from line 13a. H r block 2011 free filing If zero or less, enter -0- ▶ 13c     14a Multiply line 13c by 90% (662/3% for farmers and fishermen) 14a           b Required annual payment based on prior year's tax (see instructions) 14b           c Required annual payment to avoid a penalty. H r block 2011 free filing Enter the smaller of line 14a or 14b ▶ 14c        Caution: Generally, if you do not prepay (through income tax withholding and estimated tax payments) at least the amount on line 14c, you may owe a penalty for not paying enough estimated tax. H r block 2011 free filing To avoid a penalty, make sure your estimate on line 13c is as accurate as possible. H r block 2011 free filing Even if you pay the required annual payment, you may still owe tax when you file your return. H r block 2011 free filing If you prefer, you can pay the amount shown on line 13c. H r block 2011 free filing                         15 Income tax withheld and estimated to be withheld during 2014 (including income tax withholding on pensions, annuities, certain deferred income, etc. H r block 2011 free filing ) 15     16a Subtract line 15 from line 14c 16a             Is the result zero or less? □ Yes. H r block 2011 free filing Stop here. H r block 2011 free filing You are not required to make estimated tax payments. H r block 2011 free filing  □ No. H r block 2011 free filing Go to line 16b. H r block 2011 free filing             b Subtract line 15 from line 13c 16b             Is the result less than $1,000? □ Yes. H r block 2011 free filing Stop here. H r block 2011 free filing You are not required to make estimated tax payments. H r block 2011 free filing  □ No. H r block 2011 free filing Go to line 17 to figure your required payment. H r block 2011 free filing                         17 If the first payment you are required to make is due April 15, 2014, enter ¼ of line 16a (minus any 2013 overpayment that you are applying to this installment) here, and on your estimated tax payment voucher(s) if you are paying by check or money order 17     Worksheet 2-2. H r block 2011 free filing 2014 Estimated Tax Worksheet—Line 1 Estimated Taxable Social Security and Railroad Retirement Benefits Note. H r block 2011 free filing If you are using this worksheet to estimate your taxable social security or railroad retirement benefits for Worksheet 2-9, 2014 Annualized Estimated Tax Worksheet, multiply the expected amount of benefits for each period by the annualization amount shown on Worksheet 2-9, line 2, for the same period before entering it on line 1 below. H r block 2011 free filing     1. H r block 2011 free filing Enter your expected social security and railroad retirement benefits 1. H r block 2011 free filing   2. H r block 2011 free filing Enter one-half of line 1 2. H r block 2011 free filing   3. H r block 2011 free filing Enter your expected total income. H r block 2011 free filing Do not include any social security and railroad retirement benefits, nontaxable interest income, nontaxable IRA distributions, or nontaxable pension distributions 3. H r block 2011 free filing   4. H r block 2011 free filing Enter your expected nontaxable interest income 4. H r block 2011 free filing   5. H r block 2011 free filing Enter (as a positive amount) the total of any expected exclusions or deductions for: U. H r block 2011 free filing S. H r block 2011 free filing savings bond interest used for higher education expenses (Form 8815) Employer-provided adoption benefits (Form 8839) Foreign earned income or housing (Form 2555 or 2555-EZ) Income by bona fide residents of American Samoa (Form 4563) or Puerto Rico 5. H r block 2011 free filing   6. H r block 2011 free filing Add lines 2, 3, 4, and 5 6. H r block 2011 free filing   7. H r block 2011 free filing Enter your expected adjustments to income. H r block 2011 free filing Do not include any student loan interest deduction 7. H r block 2011 free filing   8. H r block 2011 free filing Subtract line 7 from line 6. H r block 2011 free filing If zero or less, stop here. H r block 2011 free filing  Note. H r block 2011 free filing Do not include any social security or railroad retirement benefits in the amount on line 1 of your 2014 Estimated Tax Worksheet (Worksheet 2-1) (or Annualized Estimated Tax Worksheet (Worksheet 2-9)) 8. H r block 2011 free filing   9. H r block 2011 free filing Enter $25,000 ($32,000 if you expect to file married filing jointly; $0 if you expect to file married filing separately and expect to live with your spouse at any time during the year) 9. H r block 2011 free filing   10. H r block 2011 free filing Subtract line 9 from line 8. H r block 2011 free filing If zero or less, stop here. H r block 2011 free filing  Note. H r block 2011 free filing Do not include any social security or railroad retirement benefits in the amount on line 1 of your Worksheet 2-1 (or Annualized Estimated Tax Worksheet (Worksheet 2-9)) 10. H r block 2011 free filing   11. H r block 2011 free filing Enter $9,000 ($12,000 if you expect to file married filing jointly; $0 if you expect to file married filing separately and expect to live with your spouse at any time during the year) 11. H r block 2011 free filing   12. H r block 2011 free filing Subtract line 11 from line 10. H r block 2011 free filing If zero or less, enter -0- 12. H r block 2011 free filing   13. H r block 2011 free filing Enter the smaller of line 10 or line 11 13. H r block 2011 free filing   14. H r block 2011 free filing Enter one-half of line 13 14. H r block 2011 free filing   15