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How can I setup automatic ES payments when my client mailed an extension today with a ckeck to cover the 1st quarter payment?

SCGrant
Level 1
 
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Just-Lisa-Now-
Level 15
Level 15

If you want the rest of them to be debited automatically, you can set that up on the 1040ES worksheet, and those will get submitted/scheduled when the return gets filed.

If youre not planning to file the return until later in summer, you can set those ES payments up through IRS DirectPay. 

Oddly, IRS will only allow you to schedule payments up to 2 per day, so you wouldnt be able to schedule all 3 of the remaining payments at once at DirectPay, you can schedule 2 of them then come back 24 hours later to schedule the  last one.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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4 Comments 4
Just-Lisa-Now-
Level 15
Level 15

Is the return already filed?


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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SCGrant
Level 1

I have not filed the return but the client mailed the extension today with the tax due and the 1st quarter 

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Just-Lisa-Now-
Level 15
Level 15

If you want the rest of them to be debited automatically, you can set that up on the 1040ES worksheet, and those will get submitted/scheduled when the return gets filed.

If youre not planning to file the return until later in summer, you can set those ES payments up through IRS DirectPay. 

Oddly, IRS will only allow you to schedule payments up to 2 per day, so you wouldnt be able to schedule all 3 of the remaining payments at once at DirectPay, you can schedule 2 of them then come back 24 hours later to schedule the  last one.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
SCGrant
Level 1

Thank you so much!

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