If you are self-employed and/or you are earning money that is not getting taxes taken out, you’ll need to pay quarterly estimated taxes to the IRS (and very likely your state and maybe even your city/town/village). This page deals only with paying your estimated taxes to the IRS.
In general, you’ll need to pay estimated taxes to the IRS if you expect to owe at least $1,000 in taxes for the year ($500 if filing as a corporation). But, being the IRS, there are always shades of gray, so you’ll have to download this 1040-ES instruction page to see if you must pay estimated taxes and to figure out how much to pay if you do.
Assuming you owe taxes, they are due on April 15 (for earnings Jan. 1 – Mar. 31), June 15 (for earnings Apr. 1 – May 31), September 15 (for earnings June 1 – Aug. 31), and January 15 of the following year (for earnings Sep. 1 – Dec. 31 of the previous year). If any of these dates fall on a holiday or weekend, the due date extends to the following regular weekday.
Here are your options for paying the taxes themselves:
- Online: For individuals, use IRS Direct Pay at https://directpay.irs.gov/directpay/payment?execution=e1s1 (select 1040ES) or the Electronic Federal Tax Payment System (EFTPS) at https://eftps.gov/eftps/. These options requires you to pay via your bank account. You can also pay by credit card/debit card (for an additional fee) by using one of the third-party providers listed here. If filing as a corporation, you must use EFTPS.
- By Phone: If you have registered with EFTPS, you can call the following phone number to pay with a bank account: 1-800-555-4477. Or you can pay by credit card/debit card (for an additional fee) by calling one of these third-party services: Official Payments Corporation (1-888-872-9829) or Link2Gov Corporation (1-888-729-1040) or WorldPay US Inc (1-844-729-8298).
- By Mail: Download Form 1040-ES to figure your taxes due and to get the payment vouchers you should send in with each quarterly payment. The address to send payment depends on which state you are in. For the correct address, go to: https://irs.gov/filing/where-to-file-addresses-for-taxpayers-and-tax-professionals-filing-form-1040-es