Do I Need to Report Federal Estimated Tax Payments?
Income tax is a pay-as-you-go system. If you’re an employee, your taxes are paid through withholding (set by your W-4 instructions). Certain taxpayers (Ex: self-employed or contractors) don’t complete Form W-4 and must instead send federal and state estimated taxes payments throughout the year along with Form 1040-ES. You’ll need to include those amounts as part of preparing your return.
Where Do I Enter Federal Estimated Tax Payments?
To find where to enter your federal estimated tax payments, you’ll first need to log in to your MyBlock account. Then:
- Choose Federal on the top navigation.
- Choose Taxes.
- Choose Estimated Taxes and Other Taxes, Payments and Penalties.
- Choose Visit Topic, next to Federal estimated tax payments (2018 Form 1040-ES).
- Enter the payments you made.
Certain topics aren’t available to you until you complete the topics leading up to them. This keeps your return accurate and helps you save time.
If you’ve added Tax Pro Review to your online filing, you’ll have a knowledgeable tax professional checking your completed return. Here’s what to expect from H&R Block.
Find out what to do if your e-file return was rejected by the IRS. H&R Block will help you correct your errors or file an extension.
Find out if you can choose a Tax Pro from your local H&R Block office when you use Tax Pro Review. Review details from the experts at H&R Block.
What can you do to fix a return when the IRS needs more information to process the return? Review these instructions from H&R Block.