If I'm filing estimated tax (for 1099 income), do I have to submit a form, or just the 1040-ES voucher?

Question

Today is the deadline and I'm behind the 8-ball. I can pretty well estimate what to pay, but if I don't have to submit a full calculated form, I'd rather not.

Anyone know what I MUST do today to be compliant?

Answer 1

Just send the money and the voucher. It is an "estimated" tax payment. Only the voucher is required.
The quarterly form that pdudenhef is talking about is for businesses that have employees. A business must file quarterly form 941 & quarterly state forms. A contract employee (1099) only has to send in the estimated tax payment.

Answer 2

The papers have to be post marked by today if thats your deadline to be complient. Filing a 1099 ( hired as a private contractor) there is a 1099 form that accompomies the 1040. Sending an estimate of what you think you owem will haunt you nexttime around, and you willl end up oweing

Answer 3

The correct form to use is the 1040ES. If you do not have a form, you can send in your check without a form as long as you have ALL of the necessary information on the check. Your name, your social security number, the quarter and the year you are paying for should all be on the check. Keep a receipt for mailing the check in case you later have to prove it.

If you use the 1040ES, you should still put all of the above information on the check. You do not need to show how you arrived at the amount you are remitting.

"1040ES, 3rd qtr 2006, Jim Jones, 123-45-6789"





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Answer 4

I simply send a check with the vouchers and send it off. The vouchers I think, say what the estimated amount is, and that matches the amount of my payment.

I think they already know [the calculations] based on your previous return. If you under or overpay, they reconcile this on your next return.

Answer 5

you MUST file the correct Quarterly form