Form 1120, Form 1120-S, Form 990-PF - Estimated Tax Payments
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Form 1120 - Corporation Estimated Tax Payments
Generally, corporations must make quarterly estimated tax payments if they expect to owe $500 or more in taxes.
Failure to pay on time may result in penalties and interest.
If the corporation overpays estimated tax, file Form 4466 to request a refund.
To set up estimated tax payments:
From within your return, click Federal (on smaller devices, click in the top left corner of your screen, then click Federal).
Click the Miscellaneous tab.
Beside 2025 estimated tax payments, click Review.
For the question Do you wish to compute the 2025 federal estimated tax and the 2025 required payments for the corporation?, select Yes.
Choose the calculation option that you want to use, then click Continue.
Use worksheet calculation
Pay 100% of the 2024 tax liability
Continue with the interview process until you reach the screen titled Federal 2025 Estimated Tax - Quarterly Payments. This screen will show the due date for each payment, and the amount you need to pay.
On the screen Federal 2025 Estimated Tax - Print 1120-W screen, check the box to print Form 1120-W for record keeping purposes (optional) and click Continue.
Once you have completed that section of the Q&A, you can set up payments through EFTPS.
Form 1120-S - S Corporation Estimated Tax Payments
S corporations generally pass income through to shareholders. Estimated payments may be required if the total of the following taxes is $500 or more:
Built-in Gains Tax
Excess Net Passive Income Tax
Investment Credit Recapture Tax
To calculate estimated tax payments:
From within your return, click Federal (on smaller devices, click in the top left corner of your screen, then click Federal).
Click the Miscellaneous tab.
Beside 2025 estimated tax payments, click Review.
Choose the calculation option that you want to use, then click Continue.
Use worksheet calculation
Pay 100% of the 2024 tax liability
Continue with the interview process until you reach the screen titled Federal 2025 Estimated Tax - Quarterly Payments. This screen will show the due date for each payment, and the amount you need to pay.
On the screen Federal 2025 Estimated Tax - Print 1120-W screen, check the box to print Form 1120-W for record keeping purposes (optional) and click Continue.
Once you have completed that section of the Q&A, you can set up payments through EFTPS.
Form 990 - Tax Exempt Estimated Tax Payments
All tax-exempt organizations must pay estimated taxes for their unrelated business income if they expect their tax liability to be $500 or more.
To calculate estimated tax payments:
From within your return, click Federal (on smaller devices, click in the top left corner of your screen, then click Federal).
Click the Miscellaneous tab.
Beside 2025 Form 990-PF estimated tax payments, click Review.
For the question Would you like to review your 2025 federal estimated tax payments?, select Yes.
Continue with the interview process until you reach the screen titled Federal 2025 Estimated Tax - Quarterly Payments. This screen will show the due date for each payment, and the amount you need to pay.
On the screen Federal 2025 Estimated Tax - Print 990-W screen, check the box to print Form 990-W for record keeping purposes (optional), and click Continue.
Once you have completed that section of the Q&A, you can arrange payment through EFTPS.