The IRS Audit Blog

Posts Tagged ‘estimated’

New Orleans population lower when derived from death data, professor says

Chris Granger / The Times-Picayune archive St. Martin School teacher Leslie Gamble, left, stands with students Katherine Brown, 15, left center, and Katherine Peck, 17, as they survey and take notes of a home in the Lower 9th Ward in New Orleans during a post-Katrina census of homes in the area in October 2007.

October is the New April for Taxpayers

Question: What to do with a 1040-ES form?

The IRS sent me the 1040-ES form and don’t know what to do about it. It didn’t come with a letter or memo telling me what I need to do. It was just the form with some vouchers. Am I required to make payments or can I just ignore it and pay my taxes in full at the end of the year?

Answer: Taxes are due and payable 15 April. No exceptions, unless you make arrangemetns with the IRS.

If you are filing as a business corporation or partnership, you have to file and pay by 15 March.

If you received payment coupons, then you ned to use them quarterly. No penalties will be assessed that way…otherwise, you will have penalties and interest..and they arent nice about them either

Free Tax Help Available Nationwide

Nearly 12,000 free tax preparation sites will be open nationwide this year as the Internal Revenue Service continues to expand its partnerships with nonprofit and community organizations performing vital tax preparation services for low-income and elderly taxpayers.