Fillable Printable 2015 Form 1040-ES Estimated Tax for Individual
Fillable Printable 2015 Form 1040-ES Estimated Tax for Individual
2015 Form 1040-ES Estimated Tax for Individual
2015
Form 1040-ES
Estimated Tax for Individuals
Department of the Treasury
Internal Revenue Service
Purpose of This Package
Use Form 1040-ES to figure and pay your estimated tax
for 2015.
Estimated tax is the method used to pay tax on income
that is not subject to withholding (for example, earnings
from self-employment, interest, dividends, rents, alimony,
etc.). In addition, if you do not elect voluntary withholding,
you should make estimated tax payments on other
taxable income, such as unemployment compensation
and the taxable part of your social security benefits.
Change of address. If your address has changed, file
Form 8822, Change of Address, to update your record.
Future developments. For the latest information about
developments related to Form 1040-ES and its
instructions, such as legislation enacted after they were
published, go to www.irs.gov/form1040es.
Who Must Make Estimated Tax
Payments
The estimated tax rules apply to:
U.S. citizens and resident aliens;
Residents of Puerto Rico, the U.S. Virgin Islands,
Guam, the Commonwealth of the Northern Mariana
Islands, and American Samoa; and
Nonresident aliens (use Form 1040-ES (NR)).
General Rule
In most cases, you must pay estimated tax for 2015 if both
of the following apply.
1. You expect to owe at least $1,000 in tax for 2015,
after subtracting your withholding and refundable credits.
2. You expect your withholding and refundable credits
to be less than the smaller of:
a. 90% of the tax to be shown on your 2015 tax return,
or
b. 100% of the tax shown on your 2014 tax return.
Your 2014 tax return must cover all 12 months.
Note. These percentages may be different if you are a
farmer, fisherman, or higher income taxpayer. See
Special Rules, later.
Exception. You do not have to pay estimated tax for
2015 if you were a U.S. citizen or resident alien for all of
2014 and you had no tax liability for the full 12-month
2014 tax year. You had no tax liability for 2014 if your total
tax was zero or you did not have to file an income tax
return.
Special Rules
There are special rules for farmers, fishermen, certain
household employers, and certain higher income
taxpayers.
Farmers and fishermen. If at least two-thirds of your
gross income for 2014 or 2015 is from farming or fishing,
substitute 66
2
3
% for 90% in (2a) under General Rule.
Household employers. When estimating the tax on your
2015 tax return, include your household employment
taxes if either of the following applies.
You will have federal income tax withheld from wages,
pensions, annuities, gambling winnings, or other income.
You would be required to make estimated tax payments
to avoid a penalty even if you did not include household
employment taxes when figuring your estimated tax.
Higher income taxpayers. If your adjusted gross
income (AGI) for 2014 was more than $150,000 ($75,000
if your filing status for 2015 is married filing separately),
substitute 110% for 100% in (2b) under General Rule,
earlier. This rule does not apply to farmers or fishermen.
Increase Your Withholding
If you also receive salaries and wages, you may be able to
avoid having to make estimated tax payments on your
other income by asking your employer to take more tax
out of your earnings. To do this, file a new Form W-4,
Employee's Withholding Allowance Certificate, with your
employer.
Generally, if you receive a pension or annuity you can
use Form W-4P, Withholding Certificate for Pension or
Annuity Payments, to start or change your withholding
from these payments.
You also can choose to have federal income tax
withheld from certain government payments. For details,
see Form W-4V, Voluntary Withholding Request.
Additional Information You May Need
You can find most of the information you will need in Pub.
505, Tax Withholding and Estimated Tax.
Other available information:
Instructions for the 2014 Form 1040 or Form 1040A.
Important Changes. Go to IRS.gov, click on Forms &
Pubs, and then on Changes to Current Forms and
Publications.
For details on how to get forms and publications, see
the 2014 Instructions for Form 1040 or Form 1040A. If you
have tax questions, call 1-800-829-1040 for assistance.
For TTY/TDD help, call 1-800-829-4059. Persons who are
deaf, hard of hearing, or have a speech disability can also
contact the IRS through relay services such as the
Federal Relay Service available at www.gsa.gov/fedrelay.
What's New
Use your 2014 tax return as a guide in figuring your 2015
estimated tax, but be sure to consider the following.
Jan 21, 2015
Cat. No. 11340T
Standard deduction. If you do not itemize your
deductions, you can take the 2015 standard deduction
listed in the following chart for your filing status.
IF your 2015 filing status is...
THEN your standard
deduction is...
Married filing jointly or
Qualifying widow(er)
$12,600
Head of household $9,250
Single or Married filing separately $6,300
However, if you can be claimed as a dependent on
another person's 2015 return, your standard deduction is
the greater of:
$1,050, or
Your earned income plus $350 (up to the standard
deduction amount).
Your standard deduction is increased by the following
amount if, at the end of 2015, you are:
An unmarried individual (single or head of household)
and are:
65 or older or blind
. . . . . . . . . . . . . . . . . . . . . . . .
$1,550
65 or older and blind
. . . . . . . . . . . . . . . . . . . . . . .
$3,100
A married individual (filing jointly or separately) or a
qualifying widow(er) and are:
65 or older or blind
. . . . . . . . . . . . . . . . . . . . . . . .
$1,250
65 or older and blind
. . . . . . . . . . . . . . . . . . . . . . .
$2,500
Both spouses 65 or older
. . . . . . . . . . . . . . . . . . . .
$2,500*
Both spouses 65 or older and blind
. . . . . . . . . . . . . .
$5,000*
* If married filing separately, these amounts apply only if you can
claim an exemption for your spouse.
Your standard deduction is zero if (a) your
spouse itemizes on a separate return, or (b) you
were a dual-status alien and you do not elect to
be taxed as a resident alien for 2015.
Personal exemption amount increased for certain
taxpayers. For tax years beginning in 2015, the personal
exemption amount is increased to $4,000 for taxpayers
with adjusted gross incomes below $154,950. The
personal exemption amount for taxpayers with adjusted
gross incomes above this amount may be reduced.
Limitation on itemized deductions. For tax year 2015,
itemized deductions for taxpayers with adjusted gross
income above $154,950 may be reduced.
Social security tax. For 2015, the maximum amount of
earned income (wages and net earnings from
self-employment) subject to the social security tax is
$118,500.
Reminders
Health care coverage. When you file your 2015 tax
return in 2016, you will need to either (1) indicate on your
return that you and your family had health care coverage
CAUTION
!
throughout 2015, (2) claim an exemption from the health
care coverage requirement for some or all of 2015, or (3)
make a payment if you do not have coverage or an
exemption(s) for all 12 months of 2015. See Form 8965
and its instructions for more information.
Advance payments of the premium tax credit. If you
buy health care insurance through the Health Insurance
Marketplace, you may be eligible for advance payments
of the premium tax credit to help pay for your insurance
coverage. Receiving too little or too much in advance will
affect your refund or balance due. Promptly report
changes in your income or family size to your
Marketplace. You may want to consider this when figuring
your estimated taxes for 2015. See Form 8962 and its
instructions for more information.
How To Figure Your Estimated Tax
You will need:
The 2015 Estimated Tax Worksheet,
The Instructions for the 2015 Estimated Tax
Worksheet,
The 2015 Tax Rate Schedules, and
Your 2014 tax return and instructions to use as a guide
to figuring your income, deductions, and credits (but be
sure to consider the items listed under What's New,
earlier).
Matching estimated tax payments to income. If you
receive your income unevenly throughout the year (for
example, because you operate your business on a
seasonal basis or you have a large capital gain late in the
year), you may be able to lower or eliminate the amount of
your required estimated tax payment for one or more
periods by using the annualized income installment
method. See chapter 2 of Pub. 505 for details.
Changing your estimated tax. To amend or correct
your estimated tax, see How To Amend Estimated Tax
Payments, later.
You cannot make joint estimated tax payments if
you or your spouse is a nonresident alien, you are
separated under a decree of divorce or separate
maintenance, or you and your spouse have different tax
years.
Additionally, individuals of the same sex and opposite sex
who are in registered domestic partnerships, civil unions,
or other similar formal relationships that are not marriages
under state law cannot make joint estimated tax
payments. These individuals can take credit only for the
estimated tax payments that he or she made.
Payment Due Dates
You can pay all of your estimated tax by April 15, 2015, or
in four equal amounts by the dates shown below.
CAUTION
!
-2- Form 1040-ES (2015)
1st payment
. . . . . . . . . . . . . . . . .
April 15, 2015
2nd payment
. . . . . . . . . . . . . . . .
June 15, 2015
3rd payment
. . . . . . . . . . . . . . . . .
Sept. 15, 2015
4th payment
. . . . . . . . . . . . . . . . .
Jan. 15, 2016*
* You do not have to make the payment due January 15,
2016, if you file your 2015 tax return by February 1, 2016,
and pay the entire balance due with your return.
If you mail your payment and it is postmarked by the
due date, the date of the U.S. postmark is considered the
date of payment. If your payments are late or you did not
pay enough, you may be charged a penalty for
underpaying your tax. See When a Penalty Is Applied,
later.
You can make more than four estimated tax
payments. To do so, make a copy of one of your
unused estimated tax payment vouchers, fill it in,
and mail it with your payment. If you make more than four
payments, to avoid a penalty, make sure the total of the
amounts you pay during a payment period is at least as
much as the amount required to be paid by the due date
for that period. For other payment methods, see How To
Pay Estimated Tax, later.
No income subject to estimated tax during first pay-
ment period. If, after March 31, 2015, you have a large
change in income, deductions, additional taxes, or credits
that requires you to start making estimated tax payments,
you should figure the amount of your estimated tax
payments by using the annualized income installment
method, explained in chapter 2 of Pub. 505. If you use the
annualized income installment method, file Form 2210,
Underpayment of Estimated Tax by Individuals, Estates,
and Trusts, including Schedule AI, with your 2015 tax
return even if no penalty is owed.
Farmers and fishermen. If at least two-thirds of your
gross income for 2014 or 2015 is from farming or fishing,
you can do one of the following.
Pay all of your estimated tax by January 15, 2016.
File your 2015 Form 1040 by March 1, 2016, and pay
the total tax due. In this case, 2015 estimated tax
payments are not required to avoid a penalty.
Fiscal year taxpayers. You are on a fiscal year if your
12-month tax period ends on any day except December
31. Due dates for fiscal year taxpayers are the 15th day of
the 4th, 6th, and 9th months of your current fiscal year and
the 1st month of the following fiscal year. If any payment
date falls on a Saturday, Sunday, or legal holiday, use the
next business day.
Name Change
If you changed your name because of marriage, divorce,
etc., and you made estimated tax payments using your
former name, attach a statement to the front of your 2015
paper tax return. On the statement, show all of the
estimated tax payments you (and your spouse, if filing
jointly) made for 2015 and the name(s) and SSN(s) under
which you made the payments.
Be sure to report the change to your local Social
Security Administration office before filing your 2015 tax
TIP
return. This prevents delays in processing your return and
issuing refunds. It also safeguards your future social
security benefits. For more details, call the Social Security
Administration at 1-800-772-1213 (TTY/TDD
1-800-325-0778).
How To Amend Estimated Tax
Payments
To change or amend your estimated tax payments,
refigure your total estimated tax payments due (see the
2015 Estimated Tax Worksheet). Then, to figure the
payment due for each remaining payment period, see
Amended estimated tax in chapter 2 of Pub. 505. If an
estimated tax payment for a previous period is less than
one-fourth of your amended estimated tax, you may owe a
penalty when you file your return.
When a Penalty Is Applied
In some cases, you may owe a penalty when you file your
return. The penalty is imposed on each underpayment for
the number of days it remains unpaid. A penalty may be
applied if you did not pay enough estimated tax for the
year or you did not make the payments on time or in the
required amount. A penalty may apply even if you have an
overpayment on your tax return.
The penalty may be waived under certain conditions.
See chapter 4 of Pub. 505 for details.
How To Pay Estimated Tax
Pay Online
Paying online is convenient and secure and helps make
sure we get your payments on time. You can pay using
either of the following electronic payment methods.
Direct transfer from your bank account. Go to IRS.gov.
Click on “Pay Your Tax Bill” and then “Direct Pay.”
Debit or credit card.
To pay your taxes online or for more information, go to
www.irs.gov/payments.
Pay by Phone
Paying by phone is another safe and secure method of
paying electronically. Use one of the following methods.
Direct transfer using Electronic Federal Tax Payment
System (EFTPS).
Debit or credit card.
Direct Transfer. To use EFTPS, you must be enrolled.
You can enroll online or have an enrollment form mailed to
you. To make a payment using EFPTS, call
1-800-555-4477 (English) or 1-800-244-4829 (Espanol).
People who are deaf, hard of hearing, or have a speech
disability and who have access to TTY/TDD equipment
can call 1-800-733-4829. For more information about
EFTPS, go to www.irs.gov/payments.
Debit or credit card. To pay using a debit or credit card,
you can call one of the following service providers. There
is a convenience fee charged by these providers that
varies by provider, card type, and payment amount.
Form 1040-ES (2015) -3-
Official Payments Corporation
1-888-UPAY-TAX
TM
(1-888-872-9829)
www.officialpayments.com
Link2Gov Corporation
1-888-PAY-1040
TM
(1-888-729-1040)
www.PAY1040.com
WorldPay US, Inc.
1-844-PAY-TAX-8
TM
(1-844-729-8298)
www.payUSAtax.com
For the latest details on how to pay by phone, go to
www.irs.gov/payments.
Pay by Check or Money Order Using the
Estimated Tax Payment Voucher
There is a separate estimated tax payment voucher for
each due date. The due date is shown in the upper right
corner. Complete and send in the voucher only if you are
making a payment by check or money order. If you and
your spouse plan to file separate returns, file separate
vouchers instead of a joint voucher.
To complete the voucher, do the following.
Print or type your name, address, and SSN in the space
provided on the estimated tax payment voucher. If filing a
joint voucher, also enter your spouse's name and SSN.
List the names and SSNs in the same order on the joint
voucher as you will list them on your joint return.
Enter in the box provided on the estimated tax payment
voucher only the amount you are sending in by check or
money order. When making payments of estimated tax,
be sure to take into account any 2014 overpayment that
you choose to credit against your 2015 tax, but do not
include the overpayment amount in this box.
Make your check or money order payable to “United
States Treasury.” Do not send cash. To help process your
payment accurately, enter the amount on the right side of
the check like this: $ XXX.XX. Do not use dashes or lines
(for example, do not enter “$ XXX—” or “$ XXX
xx
100
”).
Enter “2015 Form 1040-ES” and your SSN on your
check or money order. If you are filing a joint estimated tax
payment voucher, enter the SSN that you will show first on
your joint return.
Enclose, but do not staple or attach, your payment with
the estimated tax payment voucher.
Where to File Your Estimated Tax Payment Voucher if Paying by Check or Money Order
Mail your estimated tax payment voucher and check or money order to the address
shown below for the place where you live. Do not mail your tax return to this address or
send an estimated tax payment without a payment voucher. Also, do not mail your
estimated tax payments to the address shown in the Form 1040 or 1040A instructions. If
you need more payment vouchers, you can make a copy of one of your unused
vouchers.
Alabama, Georgia, Kentucky, New
Jersey, North Carolina, South
Carolina, Tennessee, Virginia
Internal Revenue Service
P.O. Box 931100
Louisville, KY 40293-1100
Caution: For proper delivery of your estimated tax payment to a P.O. box, you must
include the box number in the address. Also, note that only the U.S. Postal Service can
deliver to P.O. boxes. Therefore, you cannot use a private delivery service to make
estimated tax payments required to be sent to a P.O. box.
Connecticut, Delaware, District of
Columbia, Maine, Maryland,
Massachusetts, Missouri, New
Hampshire, New York, Pennsylvania,
Rhode Island, Vermont, West Virginia
Internal Revenue Service
P.O. Box 37007
Hartford, CT 06176-7007
IF you live in . . .
THEN send it to “Internal Revenue
Service” at . . .
A foreign country, American Samoa,
or Puerto Rico, (or are excluding
income under Internal Revenue
Code 933) or use an APO or FPO
address, or file Form 2555,
2555-EZ, or 4563, or are a
dual-status alien or nonpermanent
resident of Guam or the U.S. Virgin
Islands
Internal Revenue Service
P.O. Box 1300
Charlotte, NC 28201-1300
USA
Florida, Louisiana, Mississippi, Texas Internal Revenue Service
P.O. Box 1300
Charlotte, NC 28201-1300
Guam:
Bona fide residents*
Department of
Revenue and Taxation
Government of Guam
P.O. Box 23607
GMF, GU 96921
Alaska, Arizona, California, Colorado,
Hawaii, Idaho, Nevada, New Mexico,
Oregon, Utah, Washington, Wyoming
Internal Revenue Service
P.O. Box 510000
San Francisco, CA 94151-5100
U.S. Virgin Islands:
Bona fide residents*
Virgin Islands Bureau
of Internal Revenue
6115 Estate Smith Bay
Suite 225
St. Thomas, VI 00802
Arkansas, Illinois, Indiana, Iowa,
Kansas, Michigan, Minnesota,
Montana, Nebraska, North Dakota,
Ohio, Oklahoma, South Dakota,
Wisconsin
Internal Revenue Service
P.O. Box 802502
Cincinnati, OH 45280-2502
*Bona fide residents must prepare separate vouchers for estimated income tax and self-employment tax payments. Send the income tax vouchers to the address for
bona fide residents and the self-employment tax vouchers to the address for non-bona fide residents.
-4- Form 1040-ES (2015)
Instructions for the 2015 Estimated
Tax Worksheet
Line 1. Adjusted gross income. Use your 2014 tax
return and instructions as a guide to figuring the adjusted
gross income you expect in 2015 (but be sure to consider
the items listed under What's New, earlier). For more
details on figuring your adjusted gross income, see
Expected AGI—Line 1 in chapter 2 of Pub. 505.
If you are self-employed, be sure to take into account
the deduction for self-employment tax. Use the 2015
Self-Employment Tax and Deduction Worksheet for Lines
1 and 11 of the Estimated Tax Worksheet to figure the
amount to subtract when figuring your expected AGI. This
worksheet also will give you the amount to enter on line 11
of your estimated tax worksheet.
Line 9. Credits. See the 2014 Form 1040, lines 48
through 54, or Form 1040A, lines 31 through 35, and the
related instructions for the types of credits allowed.
Line 11. Self-employment tax. If you and your spouse
make joint estimated tax payments and both of you have
self-employment income, figure the self-employment tax
for each of you separately. Enter the total on line 11.
When estimating your 2015 net earnings from
self-employment, be sure to use only 92.35% (.9235) of
your total net profit from self-employment.
Line 12. Other taxes. Use the Instructions for the 2014
Form 1040 to determine if you expect to owe, for 2015,
any of the taxes that would have been entered on your
2014 Form 1040, lines 59 (additional tax on distributions
only), 60a, 60b, and 62 (including, if applicable, Additional
Medicare Tax and/or Net Investment Income Tax). On
line 12, enter the total of those taxes, subject to the
following two exceptions.
Exception 1. Include household employment taxes
from Form 1040, line 60a, on this line only if:
You will have federal income tax withheld from wages,
pensions, annuities, gambling winnings, or other income,
or
You would be required to make estimated tax payments
(to avoid a penalty) even if you did not include household
employment taxes when figuring your estimated tax.
If you meet either of the above, include the total of your
household employment taxes on line 12.
Exception 2. Of the amounts for other taxes that may
be entered on Form 1040, line 62, do not include on
line 12: recapture of a federal mortgage subsidy,
uncollected social security and Medicare tax or RRTA tax
on tips or group-term life insurance, excise tax on excess
golden parachute payments, look-back interest due under
section 167(g) or 460(b), or excise tax on insider stock
compensation from an expatriated corporation. These
taxes are not required to be paid until the due date of your
income tax return (not including extensions).
Additional Medicare Tax. For information about the
Additional Medicare Tax, see the Instructions for Form
8959.
Net Investment Income Tax (NIIT). For information
about the Net Investment Income Tax, see the
Instructions for Form 8960.
Recapture of first-time homebuyer credit. If you
purchased a home in 2008 and claimed the first-time
homebuyer credit, repayment of that credit began with
your 2010 tax return and will continue until the credit is
fully repaid. If the home ceases to be your main home,
then the unpaid balance of the credit is to be repaid on the
return for the year when the home was no longer your
main home.
If you purchased a home in 2009, 2010, or 2011 and
claimed the first-time homebuyer credit, you must
maintain that home as your main home for at least 36
months to avoid having to repay the credit.
For details about repaying the first-time homebuyer
credit, see the Instructions for Form 5405.
Line 14b. Prior year's tax. Enter the 2014 tax you figure
according to the instructions in Figuring your 2014 tax
unless you meet one of the following exceptions.
If the adjusted gross income shown on your 2014 return
is more than $150,000 ($75,000 if married filing
separately for 2015), enter 110% of your 2014 tax as
figured next.
Note. This does not apply to farmers or fishermen.
If you will file a joint return for 2015 but you did not file a
joint return for 2014, add the tax shown on your 2014
return to the tax shown on your spouse's 2014 return and
enter the total on line 14b.
If you filed a joint return for 2014 but you will not file a
joint return for 2015, see General Rule in chapter 4 of Pub.
505 to figure your share of the 2014 tax to enter on
line 14b.
If you did not file a return for 2014 or your 2014 tax year
was less than 12 full months, do not complete line 14b.
Instead, enter the amount from line 14a on line 14c.
Figuring your 2014 tax. Use the following instructions
to figure your 2014 tax.
1. Form 1040—The tax shown on your 2014 Form
1040 is the amount on line 63 reduced by:
a. Unreported social security and Medicare tax or
RRTA tax from Form 1040, line 58;
b. Any tax included on line 59 on excess contributions
to IRAs, Archer MSAs, Coverdell education savings
accounts, and health savings accounts, or on excess
accumulations in qualified retirement plans;
c. Any shared responsibility payment on line 61;
d. Amounts on line 62 as listed under Exception 2,
earlier; and
e. Any refundable credit amounts on lines 66a, 67, 68,
69, and 72.
2. Form 1040A—The tax shown on your 2014 Form
1040A is the amount on line 39 reduced by the amount on
line 38, and any refundable credits on lines 42a, 43, 44,
and 45.
3. Form 1040EZ—The tax shown on your 2014 Form
1040EZ is the amount on line 12 reduced by the amount
on lines 8a and 11.
Form 1040-ES (2015) -5-
2015 Self-Employment Tax and Deduction Worksheet for
Lines 1 and 11 of the Estimated Tax Worksheet
Keep for Your Records
1a.
Enter your expected income and profits subject to self-employment tax* . . . . . . . . .
1a.
b.
If you will have farm income and also receive social security retirement or disability
benefits, enter your expected Conservation Reserve Program payments that will be
included on Schedule F (Form 1040) or listed on Schedule K-1 (Form 1065) . . . . . b.
2.
Subtract line 1b from line 1a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2.
3.
Multiply line 2 by 92.35% (.9235) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3.
4.
Multiply line 3 by 2.9% (.029) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4.
5.
Social security tax maximum income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5.
$118,500
6.
Enter your expected wages (if subject to social security tax or the 6.2% portion of
tier 1 railroad retirement tax) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.
7.
Subtract line 6 from line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.
Note. If line 7 is zero or less, enter -0- on line 9 and skip to line 10.
8.
Enter the smaller of line 3 or line 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8.
9.
Multiply line 8 by 12.4% (.124) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9.
10.
Add lines 4 and 9. Enter the result here and on line 11 of your 2015 Estimated Tax Worksheet . . . . . . . . . . . . 10.
11.
Multiply line 10 by 50% (.50). This is your expected deduction for self-employment
tax on Form 1040, line 27. Subtract this amount when figuring your expected AGI on
line 1 of your 2015 Estimated Tax Worksheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11.
* Your net profit from self-employment is found on Schedule C (Form 1040), line 31; Schedule F (Form 1040), line 34; Schedule K-1 (Form 1065), box 14,
code A; and Schedule K-1 (Form 1065-B), box 9, code J1.
-6- Form 1040-ES (2015)
2015 Tax Rate Schedules
Caution. Do not use these Tax Rate Schedules to figure your 2014 taxes. Use only to figure your 2015 estimated taxes.
Schedule X—Use if your 2015 filing status is
Single
Schedule Z—Use if your 2015 filing status is
Head of household
If line 5
is: The tax is:
If line 5
is: The tax is:
Over—
But not
over—
of the
amount
over— Over—
But not
over—
of the
amount
over—
$0 $9,225
-----------
+ 10%
$0
$0 $13,150
-----------
+
10% $0
9,225 37,450
$922.50
+ 15%
9,225
13,150 50,200
$1,315.00
+
15% 13,150
37,450 90,750
5,156.25
+ 25%
37,450
50,200 129,600
6,872.50
+
25% 50,200
90,750 189,300
18,481.25
+ 28%
90,750
129,600 209,850
26,722.50
+
28% 129,600
189,300 411,500
46,075.25
+ 33%
189,300
209,850 411,500
49,192.50
+
33% 209,850
411,500 413,200
119,401.25
+ 35%
411,500
411,500 439,000
115,737.00
+
35% 411,500
413,200 -----------
119,996.25
+ 39.6%
413,200
439,000 -----------
125,362.00
+
39.6% 439,000
Schedule Y-1— Use if your 2015 filing status is
Married filing jointly or Qualifying widow(er)
Schedule Y-2—Use if your 2015 filing status is
Married filing separately
If line 5
is:
The tax is: If line 5
is:
The tax is:
Over—
But not
over—
of the
amount
over— Over—
But not
over—
of the
amount
over—
$0 $18,450
-----------
+ 10%
$0
$0 $9,225
---------
+
10% $0
18,450 74,900
$1,845.00
+ 15%
18,450
9,225 37,450
$922.50
+
15% 9,225
74,900 151,200
10,312.50
+ 25%
74,900
37,450 75,600
5,156.25
+
25% 37,450
151,200 230,450
29,387.50
+ 28%
151,200
75,600 115,225
14,693.75
+
28% 75,600
230,450 411,500
51,577.50
+ 33%
230,450
115,225 205,750
25,788.75
+
33% 115,225
411,500 464,850 111,324.00 + 35%
411,500
205,750 232,425
55,662.00
+
35% 205,750
464,850 --------- 129,996.50 + 39.6%
464,850
232,425 -----------
64,998.25
+
39.6% 232,425
Form 1040-ES (2015) -7-
2015 Estimated Tax Worksheet
Keep for Your Records
1 Adjusted gross income you expect in 2015 (see instructions) . . . . . . . . . . . . . 1
2 • If you plan to itemize deductions, enter the estimated total of your itemized deductions.
Caution: If line 1 is over $154,950 your deduction may be reduced. See Pub. 505 for
details.
• If you do not plan to itemize deductions, enter your standard deduction.
}
2
3 Subtract line 2 from line 1. . . . . . . . . . . . . . . . . . . . . . . . . 3
4
Exemptions. Multiply $4,000 by the number of personal exemptions. Caution:
See Worksheet 2-6 in
Pub. 505 to figure the amount to enter if line 1 is over: $154,950
. . . . . . . . . . . . .
4
5 Subtract line 4 from line 3 . . . . . . . . . . . . . . . . . . . . . . . . 5
6
Tax. Figure your tax on the amount on line 5 by using the 2015 Tax Rate Schedules.
Caution: If you will have qualified dividends or a net capital gain, or expect to exclude or deduct
foreign earned income or housing, see Worksheets 2-7 and 2-8 in Pub. 505 to figure the tax. . .
6
7 Alternative minimum tax from Form 6251 or included on Form 1040A, line 28 . . . . . . . 7
8
Add lines 6 and 7. Add to this amount any other taxes you expect to include in the total on Form
1040, line 44 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
9 Credits (see instructions). Do not include any income tax withholding on this line . . . . . . 9
10 Subtract line 9 from line 8. If zero or less, enter -0- . . . . . . . . . . . . . . . . 10
11 Self-employment tax (see instructions) . . . . . . . . . . . . . . . . . . . . 11
12 Other taxes (see instructions) . . . . . . . . . . . . . . . . . . . . . . . 12
13a Add lines 10 through 12 . . . . . . . . . . . . . . . . . . . . . . . . .
13a
b
Earned income credit, additional child tax credit, fuel tax credit, net premium tax credit, and
refundable American opportunity credit . . . . . . . . . . . . . . . . . . . .
13b
c Total 2015 estimated tax. Subtract line 13b from line 13a. If zero or less, enter -0- . . .
▶
13c
14a Multiply line 13c by 90% (66
2
/3% for farmers and fishermen) . . . . 14a
b Required annual payment based on prior year's tax (see instructions) . 14b
c Required annual payment to avoid a penalty. Enter the smaller of line 14a or 14b . . .
▶
14c
Caution: Generally, if you do not prepay (through income tax withholding and estimated tax
payments) at least the amount on line 14c, you may owe a penalty for not paying enough estimated
tax. To avoid a penalty, make sure your estimate on line 13c is as accurate as possible. Even if you
pay the required annual payment, you may still owe tax when you file your return. If you prefer, you
can pay the amount shown on line 13c. For details, see chapter 2 of Pub. 505.
15
Income tax withheld and estimated to be withheld during 2015 (including income tax withholding
on pensions, annuities, certain deferred income, etc.) . . . . . . . . . . . . . . .
15
16a Subtract line 15 from line 14c . . . . . . . . . . . . . . 16a
Is the result zero or less?
Yes. Stop here. You are not required to make estimated tax payments.
No. Go to line 16b.
b Subtract line 15 from line 13c . . . . . . . . . . . . . . 16b
Is the result less than $1,000?
Yes. Stop here. You are not required to make estimated tax payments.
No. Go to line 17 to figure your required payment.
17
If the first payment you are required to make is due April 15, 2015, enter ¼ of line 16a (minus any
2014 overpayment that you are applying to this installment) here, and on your estimated tax
payment voucher(s) if you are paying by check or money order . . . . . . . . . . .
17
Form 1040-ES (2015)
-8-
Record of Estimated Tax Payments (Farmers, fishermen, and fiscal
year taxpayers, see Payment Due Dates.)
Keep for Your Records
Payment
number
Payment
due
date
(a) Amount
due
(b) Date
paid
(c) Check or
money order number, or
credit or debit card
confirmation number
(d) Amount paid
(do not include
any convenience
fee)*
(e) 2014
overpayment
credit applied
(f) Total amount
paid and credited
(add (d) and (e))
1
4/15/2015
2
6/15/2015
3
9/15/2015
4
1/15/2016**
Total. . . . . . . . . . . . . . . . . . . . . . . .
▶
* You can deduct the convenience fee charged by the service provider in 2015 as a miscellaneous itemized deduction (subject to the 2%-of-AGI
limit) on your 2015 income tax return.
** You do not have to make this payment if you file your 2015 tax return by February 1, 2016, and pay the entire balance due with your return.
Privacy Act and Paperwork Reduction Act Notice. We ask for this
information to carry out the tax laws of the United States. We need it to
figure and collect the right amount of tax. Our legal right to ask for this
information is Internal Revenue Code section 6654, which requires that
you pay your taxes in a specified manner to avoid being penalized.
Additionally, sections 6001, 6011, and 6012(a) and their regulations
require you to file a return or statement for any tax for which you are
liable; section 6109 requires you to provide your identifying number.
Failure to provide this information, or providing false or fraudulent
information, may subject you to penalties.
You are not required to provide the information requested on a form
that is subject to the Paperwork Reduction Act unless the form displays
a valid OMB control number. Books or records relating to a form or its
instructions must be retained as long as their contents may become
material in the administration of any Internal Revenue law. Generally, tax
returns and return information are confidential, as stated in Code section
6103.
We may disclose the information to the Department of Justice for civil
and criminal litigation and to other federal agencies, as provided by law.
We may disclose it to cities, states, the District of Columbia, and U.S.
commonwealths or possessions to carry out their tax laws. We may also
disclose this information to other countries under a tax treaty, to federal
and state agencies to enforce federal nontax criminal laws, or to federal
law enforcement and intelligence agencies to combat terrorism.
If you do not file a return, do not give the information asked for, or
give fraudulent information, you may be charged penalties and be
subject to criminal prosecution.
Please keep this notice with your records. It may help you if we ask
you for other information. If you have any questions about the rules for
filing and giving information, please call or visit any Internal Revenue
Service office.
The average time and expenses required to complete and file this
form will vary depending on individual circumstances. For the estimated
averages, see the instructions for your income tax return.
If you have suggestions for making this package simpler, we would be
happy to hear from you. See the instructions for your income tax return.
Tear off here
Form
1040-ES
Department of the Treasury
Internal Revenue Service
2015
Estimated Tax
Payment
Voucher
4
OMB No. 1545-0074
File only if you are making a payment of estimated tax by check or money order. Mail this
voucher with your check or money order payable to “United States Treasury.” Write your
social security number and “2015 Form 1040-ES” on your check or money order. Do not send
cash. Enclose, but do not staple or attach, your payment with this voucher.
Calendar year—Due Jan. 15, 2016
Amount of estimated tax you are paying
by check or
money order.
Dollars
Cents
Print or type
Your first name and initial Your last name Your social security number
If joint payment, complete for spouse
Spouse’s first name and initial Spouse’s last name
Spouse’s social security number
Address (number, street, and apt. no.)
City, state, and ZIP code. (If a foreign address, enter city, also complete spaces below.)
Foreign country name Foreign province/county
Foreign postal code
For Privacy Act and Paperwork Reduction Act Notice, see instructions.
Form 1040-ES (2015)
-9-
THIS PAGE INTENTIONALLY LEFT BLANK
-10-
Form
1040-ES
Department of the Treasury
Internal Revenue Service
2015 Estimated Tax
Payment
Voucher
3
OMB No. 1545-0074
File only if you are making a payment of estimated tax by check or money order. Mail this
voucher with your check or money order payable to “United States Treasury.” Write your
social security number and “2015 Form 1040-ES” on your check or money order. Do not send
cash. Enclose, but do not staple or attach, your payment with this voucher.
Calendar year—Due Sept. 15, 2015
Amount of estimated tax you are paying
by check or
money order.
Dollars
Cents
Print or type
Your first name and initial Your last name Your social security number
If joint payment, complete for spouse
Spouse’s first name and initial Spouse’s last name
Spouse’s social security number
Address (number, street, and apt. no.)
City, state, and ZIP code. (If a foreign address, enter city, also complete spaces below.)
Foreign country name Foreign province/county
Foreign postal code
For Privacy Act and Paperwork Reduction Act Notice, see instructions.
Tear off here
Form
1040-ES
Department of the Treasury
Internal Revenue Service
2015
Estimated Tax
Payment
Voucher
2
OMB No. 1545-0074
File only if you are making a payment of estimated tax by check or money order. Mail this
voucher with your check or money order payable to “United States Treasury.” Write your
social security number and “2015 Form 1040-ES” on your check or money order. Do not send
cash. Enclose, but do not staple or attach, your payment with this voucher.
Calendar year—Due June 15, 2015
Amount of estimated tax you are paying
by check or
money order.
Dollars
Cents
Print or type
Your first name and initial Your last name Your social security number
If joint payment, complete for spouse
Spouse’s first name and initial Spouse’s last name
Spouse’s social security number
Address (number, street, and apt. no.)
City, state, and ZIP code. (If a foreign address, enter city, also complete spaces below.)
Foreign country name Foreign province/county
Foreign postal code
For Privacy Act and Paperwork Reduction Act Notice, see instructions.
Tear off here
Form
1040-ES
Department of the Treasury
Internal Revenue Service
2015
Estimated Tax
Payment
Voucher
1
OMB No. 1545-0074
File only if you are making a payment of estimated tax by check or money order. Mail this
voucher with your check or money order payable to “United States Treasury.” Write your
social security number and “2015 Form 1040-ES” on your check or money order. Do not send
cash. Enclose, but do not staple or attach, your payment with this voucher.
Calendar year—Due April 15, 2015
Amount of estimated tax you are paying
by check or
money order.
Dollars
Cents
Print or type
Your first name and initial Your last name Your social security number
If joint payment, complete for spouse
Spouse’s first name and initial Spouse’s last name
Spouse’s social security number
Address (number, street, and apt. no.)
City, state, and ZIP code. (If a foreign address, enter city, also complete spaces below.)
Foreign country name Foreign province/county
Foreign postal code
For Privacy Act and Paperwork Reduction Act Notice, see instructions.
Form 1040-ES (2015)
-11-
