To calculate estimated taxes for next year:
Note. The method of paying 110% (or 100%) of the current year's tax liability is only to avoid the interest penalty for underpaying your taxes in the following year. In the TaxAct program, this amount is calculated on Form 2210 Underpayment of Estimated Tax by Individuals, Estates, and Trusts, Line 4. Use the worksheet method to estimate tax for the following year if you wish to cover all of the estimated tax that will be due on that return.
After you have completed the Estimated Tax Payments section of the Q&A, you have the option to print Form 1040-ES Estimated Tax for Individuals, which includes the quarterly vouchers, and mail the payments or electronically pay the amounts due (both methods are outlined below).
Print vouchers and mail payments:
Note. If you see a message indicating you have not paid your return fees, click the View/Pay your return fees link, which will direct you through the Paper Filing steps. Continue through the screens until you have processed the payment for your product fees and then repeat the steps to print.
To pay estimated taxes electronically once you have already filed your tax return, see the IRS Paying Your Taxes webpage.
Options to electronically pay your estimated taxes are:
Note that any link in the information above is updated each year automatically and will take you to the most recent version of the document at the time it is accessed.