1040 ES-OTC Estimated Tax for Individuals

U.S. Individual Income Tax Return

1040 ES-OTC

U.S. Individual Income Tax Return

OMB: 1545-0074

⚠️ Notice: This form may be outdated. More recent filings and information on OMB 1545-0074 can be found here:

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2008 Form 1040-ES (OTC)
Estimated Tax for Individuals

Purpose:

This is the first circulated draft of the 2008 Form 1040-ES (OTC),
Estimated Tax for Individuals, for your review and comments. See
below for major changes.

TPCC Meeting:

None, but may be arranged if requested.

Prior Revisions:

The 2007 version of the Form 1040-ES (OTC) can be accessed at:
http://www.irs.gov/pub/irs-pdf/f1040es.pdf

Other Products:

Circulations of draft forms, instructions, notices, and publications are
posted at: http://taxforms.web.irs.gov/draft_products.html

Comments:

Please e-mail, fax, call, or mail any comments by August 15, 2007.

Bob Lemonds
Tax Law Specialist
SE:W:CAR:MP:T:I:F
Room: 6423 – Main
Phone: 202-927-9906
Fax:
202-927-6234
Email: [email protected]

Major Changes for
2008 Form 1040-ES (OTC)
Estimated Tax for Individuals
All dates and references to the tax year have been updated. SE:W:CAR:MP:T:I:F
The “What’s New for 2008” section will be revised with 2008 amounts in November, and
additional items will be added as legislation is passed. SE:W:CAR:MP:T:I:F
The “Where To File” section has been updated with new address information.
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2008

Department of the Treasury
Internal Revenue Service

Form 1040-ES

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Estimated Tax for Individuals
Purpose of This Package

Use this package to figure and pay your
estimated tax. If you are not required to
make estimated tax payments for 2008, you
can discard this package.

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. See the 2007
instructions for your tax return for details on
income that is taxable.
The estimated tax worksheet on page 4
will help you figure the correct amount to
pay. If you are paying by check or money
order, use the estimated tax payment
vouchers in this package to ensure your
estimated tax payments are credited
correctly to your account. Use the Record of
Estimated Tax Payments on page 6 to keep
track of the payments you have made and
the number and amounts of your remaining
payments.
Change of address. File these payment
vouchers using your current address. If this
is a new mailing address, file Form 8822,
Change of Address, with the Internal
Revenue Service Center serving your old
address to update your record.
Pre-printed vouchers. Because you are
making estimated tax payments for 2008,
estimated tax payment vouchers for 2009
will be sent to you pre-printed with your
name, address, and social security number,
along with return envelopes and a copy of
the instructions.
If you do not want to receive the

TIP vouchers and envelopes, simply
begin making your estimated tax
payments electronically.

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
make estimated tax payments if you expect
to owe at least $1,000 in tax for 2008 (after
subtracting your withholding and credits)
and you expect your withholding and credits
to be less than the smaller of:

1. 90% of the tax shown on your 2008
tax return, or
2. 100% of the tax shown on your 2007
tax return (but see Higher income taxpayers
below).
However, if you did not file a 2007 tax
return or if your 2007 return did not cover 12
months, item (2) above does not apply.

Exception. You do not have to pay
estimated tax for 2008 if you were a U. S.
citizen or resident alien for all of 2007 and
you had no tax liability for the full 12-month
2007 tax year. You had no tax liability for
2007 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 2007 or
2008 is from farming or fishing, substitute
662/3% for 90% in (1) under General rule,
above.

Household employers. When
estimating the tax on your 2008 tax return,
include your household employment taxes
(the amount before subtracting advance EIC
payments made to your employee(s)) 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 for 2007 was more
than $150,000 ($75,000 if your filing status
for 2008 is married filing separately),
substitute 110% for 100% in (2) 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 can also choose to have federal
income tax withheld from certain
government payments. For details, see
Form W-4V, Voluntary Withholding Request.
Cat. No. 11340T

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:
• Pub. 553, Highlights of 2007 Tax
Changes.
• Instructions for the 2007 Form 1040 or
1040A.
• What’s Hot. Go to www.irs.gov, click on
More Forms and Publications, and then on
What’s Hot in forms and publications.
For details on how to get forms and
publications, see page 7 of the instructions
for Form 1040 or 1040A.
If you have tax questions, call
1-800-829-1040 for assistance. For TTY/
TDD help, call 1-800-829-4059.

What’s New for 2008

Use your 2007 tax return as a guide in
figuring your 2008 estimated tax, but be
sure to consider the following changes. For
more information on these changes and
other changes that may affect your 2008
estimated tax, see Pub. 553.
Standard deduction. If you do not itemize
your deductions, you can take the 2008
standard deduction listed below for your
filing status.

IF your 2008 filing
status is...

THEN your
standard
deduction is...

Married filing jointly or
Qualifying widow(er)

$xx,xxx

Head of household

$x,xxx

Single or Married filing
separately

$x,xxx

However, if you can be claimed as a
dependent on another person’s 2008 return,
your standard deduction is the greater of:
• $850, or
• Your earned income plus $300 (up to the
standard deduction amount).
Your standard deduction is increased by
the following amount if, at the end of 2008,
you are:
• An unmarried individual (single or head of
household) and are:
65 or older or blind . . . . . . . . . . . . .
65 or older and blind . . . . . . . . . . . .

$1,300
$2,600

65 or older or blind . . . . . . . . . .
65 or older and blind . . . . . . . . .
Both spouses 65 or older . . . . . .

$1,050
$2,100
$2,100*

• A married individual (filing jointly or
separately) or a qualifying widow(er) and
are:

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Both spouses 65 or older and blind
$4,200*
* 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
CAUTION return, or (b) you were a dual-status
alien and you do not elect to be taxed as a
resident alien for 2008.

How To Figure Your
Estimated Tax

You cannot make joint estimated tax
payments if you or your spouse is a
CAUTION nonresident alien, you are separated
under a decree of divorce or separate
maintenance, or you and your spouse have
different tax years.

Payment Due Dates
You may pay all of your estimated tax by
April 15, 2008, or in four equal amounts by
the dates shown below.
1st payment . . . . . . . . . . .
April 15, 2008
2nd payment . . . . . . . . . . . June 16, 2008
3rd payment . . . . . . . . . . . Sept. 15, 2008
4th payment . . . . . . . . . . . Jan. 15, 2009*
* You do not have to make the payment due
January 15, 2009, if you file your 2008 tax
return by February 2, 2009, and pay the entire
balance due with your return.

CAUTION

The penalty may be waived under certain
conditions. See chapter 4 of Pub. 505 for
details.

How To Pay Estimated Tax
Pay by Check or Money Order
Using the Estimated Tax
Payment Voucher

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You will need:
• The 2008 Estimated Tax Worksheet on
page 4,
• The Instructions for the 2008 Estimated
Tax Worksheet on page 4,
• The 2008 Tax Rate Schedules on page 3,
and
• Your 2007 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
for 2008 that begins on page 1).
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), 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 on this
page.

Although your payment due dates will be the
same as shown above, the payment
amounts will vary based on your income,
deductions, additional taxes, and credits for
the months ending before each payment
due date. As a result, this method may allow
you to skip or lower the amount due for one
or more payments. If you use the annualized
income installment method, file Form 2210,
Underpayment of Estimated Tax by
Individuals, Estates, and Trusts, with your
2008 tax return, even if no penalty is owed.
Farmers and fishermen. If at least
two-thirds of your gross income for 2007 or
2008 is from farming or fishing, you can do
one of the following.
• Pay all of your estimated tax by January
15, 2009.
• File your 2008 Form 1040 by March 2,
2009, and pay the total tax due. In this case,
2008 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.

Payments are due by the dates
indicated whether or not you are
outside the United States and Puerto

Rico.
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 on this page.
No income subject to estimated tax
during first payment period. If, after
March 31, 2008, 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.

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
2008 tax return. On the statement, show all
of the estimated tax payments you (and your
spouse, if filing jointly) made for 2008 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 2008 tax 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.

How To Amend Estimated
Tax Payments
To change or amend your estimated tax
payments, refigure your total estimated tax
payments due (line 16a of the worksheet on
page 4). Then, to figure the payment due for
each remaining payment period, see
Amended estimated tax under Regular
Installment Method 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.

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There is a separate estimated tax payment
voucher for each due date. The due date is
shown in the upper right corner. Be sure to
use the voucher with the correct due date
for each payment you make. Complete and
send in the voucher only if you are making a
payment by check or money order.
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. If you and your
spouse plan to file separate returns, file
separate vouchers instead of a joint
voucher.
• 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 2007 overpayment that you choose to
credit against your 2008 tax, but do not
include the overpayment amount in this box.
• Make your check or money order payable
to the “United States Treasury.” Do not send
cash. To help process your payment, enter
the amount on the right side of the check
like this: $ XXX.XX. Do not use dashes or
lines (forXXexample, do not enter “$ XXX – ” or
“$ XXX 100 ”).
• Enter “2008 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.
• Mail your voucher and check or money
order to the address shown on page 6 for
the place where you live.
• Fill in the Record of Estimated Tax
Payments on page 6 for your files.

Pay Electronically
Paying electronically helps to ensure timely
receipt of your estimated tax payment. You
can pay electronically using the following
convenient, safe, and secure electronic
payment options.
• Electronic Federal Tax Payment System
(EFTPS).
• Electronic funds withdrawal.
• Credit card.
When you pay taxes electronically, there
is no check to write and no voucher to mail.
Payments can be made 24 hours a day, 7
days a week. You will receive a confirmation
number or electronic acknowledgment of the
payment. See below for details.

Pay by Electronic Federal Tax
Payment System (EFTPS)
EFTPS is a free tax payment system
designed with all taxpayers in mind. Online

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or by phone, you input your tax payment
information electronically and you are done.
EFTPS offers you convenience. Through
EFTPS, you can schedule one-time or
recurring payments for withdrawal from your
checking or savings account up to 365 days
in advance. You can also modify or cancel
payments up to 2 business days before the
scheduled withdrawal date. To use EFTPS,
you must enroll. Enroll online at www.eftps.
com or call 1-800-555-4477 (for business
accounts) or 1-800-316-6541 (for individual
accounts) to receive an enrollment form and
instructions by mail. TTY/TDD help is
available by calling 1-800-733-4829.

estimated tax payments for any or all of the
following dates: April 15, 2008, June 16,
2008, September 15, 2008, and January 15,
2009.

Pay by Electronic Funds
Withdrawal

Pay by Credit Card

Check with your tax return preparer or
tax preparation software for details. Your
scheduled payments will be acknowledged
when you file your tax return.
Payments scheduled through electronic
funds withdrawal can be cancelled up to
8 p.m. Eastern time, 2 business days before
the scheduled payment date, by contacting
the U. S. Treasury Financial Agent at
1-888-353-4537.

may vary between providers. You will be
told what the fee is during the transaction
and you will have the option to either
continue or cancel the transaction. You can
also find out what the fee will be by calling
the provider’s toll-free automated customer
service number or visiting the provider’s
website shown below.
Link2Gov Corporation
1-888-PAY-1040SM (1-888-729-1040)
1-888-658-5465 (Customer Service)
www.PAY1040.com

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If you electronically file your 2007 tax return,
you can make up to four (4) 2008 estimated
tax payments by electronic funds
withdrawal. This is a free option. The
payments can be withdrawn from either a
checking or savings account. At the same
time you file your return, you may schedule

You can use your American Express® Card,
Discover® Card, MasterCard® card, or
Visa® card to make estimated tax
payments. Call toll-free or visit the website
of either service provider listed below and
follow the instructions. A convenience fee
will be charged by the service provider
based on the amount you are paying. Fees

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Official Payments Corporation
1-800-2PAY-TAXSM (1-800-272-9829)
1-877-754-4413 (Customer Service)
www.officialpayments.com

You will be given a confirmation number
at the end of the transaction. Fill in the
Record of Estimated Tax Payments on page
6. Enter the confirmation number in column
(c), but do not include the amount of the
convenience fee in column (d).

2008 Estimated Tax Worksheet

Keep for Your Records
1

Adjusted gross income you expect in 2008 (see instructions below)

● If you plan to itemize deductions, enter the estimated total of your itemized deductions.
Caution: If line 1 above is over $xxx,xxx ($xx,xxx if married filing separately), your deduction may be
reduced. See Pub. 505 for details.

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● If you do not plan to itemize deductions, enter your standard deduction from page 1.
Subtract line 2 from line 1
Exemptions. Multiply $3,x00 by the number of personal exemptions. Caution: See Pub. 505 to figure the
amount to enter if line 1 above is over: $xxx,xxx if married filing jointly or qualifying widow(er); $xxx,xxx if head
of household; $xxx,xxx if single; or $xxx,xxx if married filing separately
Subtract line 4 from line 3
Tax. Figure your tax on the amount on line 5 by using the 2008 Tax Rate Schedules on page 3. Caution: If
you will have qualified dividends or a net capital gain, or expect to claim the foreign earned income exclusion
or housing exclusion, see Pub. 505 to figure the tax

Alternative minimum tax from Form 6251

Add lines 6 and 7. Add to this amount any other taxes you expect to include in the total on Form 1040, line 44, or
Form 1040A, line 28 (except the alternative minimum tax)

3
4
5
6

4
5

Credits (see instructions below). Do not include any income tax withholding on this line

10
11

Subtract line 9 from line 8. If zero or less, enter -0Self-employment tax (see instructions below). Estimate of 2008 net earnings from self-employment
$
; if $xx,xxx or less, multiply the amount by 15.3%; if more than $xx,xxx, multiply the
amount by 2.9%, add $xx,xxx to the result, and enter the total. Caution: If you also have wages subject to social
security tax, see Pub. 505 to figure the amount to enter

Other taxes (see instructions below)

13a

Add lines 10 through 12

13a
13b

b Earned income credit, additional child tax credit, and credits from Forms 4136, 8801 (line 27), and 8885
c Total 2008 estimated tax. Subtract line 13b from line 13a. If zero or less, enter -014a
Multiply line 13c by 90% (662⁄3 % for farmers and fishermen)

14a

b Enter the tax shown on your 2007 tax return (110% of that amount if you are not
a farmer or fisherman and the adjusted gross income shown on that return is
more than $150,000 or, if married filing separately for 2008, more than $75,000)

16a

13c

14c

14b

c Required annual payment to avoid a penalty. Enter the smaller of line 14a or 14b

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 Pub. 505.
Income tax withheld and estimated to be withheld during 2008 (including income tax withholding on pensions,
annuities, certain deferred income, etc.)
16a
Subtract line 15 from line 14c

Is the result zero or less?
Yes. Stop here. You are not required to make estimated tax payments.
No.
b

Go to line 16b.

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.
17

Go to line 17 to figure your required payment.

If the first payment you are required to make is due April 15, 2008, enter 1⁄4 of line 16a (minus any 2007
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. (Note: Household employers, see instructions below.)
17
Enter the total on line 11. When figuring your estimate
If you meet one or both of the above, include in
Instructions for the 2008
of 2008 net earnings from self-employment, be sure
the amount on line 12 the total of your household
Estimated Tax Worksheet
to use only 92.35% (.9235) of your total net profit
employment taxes before subtracting advance EIC
from self-employment.
Line 1. Adjusted gross income. Use your 2007 tax
payments made to your employee(s).
return and instructions as a guide to figuring the
Line 12. Other taxes. Use the instructions for the
Exception 2. Of the amounts for other taxes that
adjusted gross income you expect in 2008 (but be
2007 Form 1040 to determine if you expect to owe,
may be entered on line 63, do not include on line 12:
sure to consider the items listed under What’s New
for 2008, any of the taxes that would have been
tax on recapture of a federal mortgage subsidy,
for 2008 that begins on page 1). For more details on
entered on your 2007 Form 1040, lines 60 (additional
uncollected employee social security and Medicare
figuring your adjusted gross income, see Expected
tax on early distributions only), 61, and 62, and any
tax or RRTA tax on tips or group-term life insurance,
AGI—Line 1 in chapter 2 of Pub. 505. If you are
write-ins on line 63, or any amount from Form
tax on golden parachute payments, or excise tax on
self-employed, be sure to take into account the
1040A, line 36. On line 12, enter the total of those
insider stock compensation from an expatriated
deduction for one-half of your self-employment tax
taxes, subject to the following two exceptions.
corporation. These taxes are not required to be paid
(2007 Form 1040, line 27).
until the due date of your income tax return (not
Exception 1. Include household employment
Line 9. Credits. See the 2007 Form 1040, lines 47
including extensions).
taxes (line 62) on this line only if:
through 55, or Form 1040A, lines 29 through 33, and
Line 17. If you are a household employer and you
● You will have federal income tax withheld from
the related instructions.
make advance EIC payments to your employee(s),
wages, pensions, annuities, gambling winnings, or
reduce your required estimated tax payment for
Line 11. Self-employment tax. If you and your
other income, or
each period by the amount of advance EIC
spouse make joint estimated tax payments and you
● You would be required to make estimated tax
payments paid during the period.
both have self-employment income, figure the
payments (to avoid a penalty) even if you did not
self-employment tax for each of you separately.
include household employment taxes when figuring
your estimated tax.
Page 4

Privacy Act and Paperwork Reduction Act Notice. The Privacy
Act of 1974 and the Paperwork Reduction Act of 1980 require
that when we ask you for information we must first tell you our
legal right to ask for the information, why we are asking for it,
and how it will be used. We must also tell you what could
happen if we do not receive it and whether your response is
voluntary, required to obtain a benefit, or mandatory under the
law.
This notice applies to all papers you file with us. It also applies
to any questions we need to ask you so we can complete,
correct, or process your return; figure your tax; and collect tax,
interest, or penalties.
Our legal right to ask for information is Internal Revenue Code
sections 6001, 6011, and 6012(a), and their regulations. They say
that you must file a return or statement with us for any tax for
which you are liable. Your response is mandatory under these
sections. Code section 6109 and its regulations say that you
must provide your taxpayer identification number on what you
file. This is so we know who you are, and can process your
return and other papers.
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 ask for tax return information to carry out the tax laws of
the United States. We need it to figure and collect the right
amount of tax.
We may disclose the information to the Department of Justice
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.

f
o
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7
0

Payment
number

Record of Estimated Tax Payments (Farmers, fishermen, and fiscal year taxpayers, see page 2 for payment due dates.)

Payment
due
date

1
2
3
4
Total

(a) Amount
due

(b) Date
paid

(d) Amount paid
(do not include
any credit card
convenience fee)

(e) 2007
overpayment
credit applied

(f) Total amount
paid and credited
(add (d) and (e))

4/15/2008
6/16/2008
9/15/2008
1/15/2009*

* You do not have to make this payment if you file your 2008 tax return by February 2, 2009, and pay the entire balance due with your return.

Form

Tear off here

1040-ES
Department of the Treasury
Internal Revenue Service

2008 Estimated Tax

Print or type

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 the “United States Treasury.” Write your
social security number and “2008 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.

Payment
Voucher

OMB No. 1545-0074

Calendar year—Due Jan. 15, 2009
Amount of estimated tax you are paying
by check or
Dollars
Cents
money order.

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, province or state, postal code, and country.)

For Privacy Act and Paperwork Reduction Act Notice, see instructions on page 5.

Page 5

2008 Tax Rate Schedules
Caution. Do not use these Tax Rate Schedules to figure your 2007 taxes. Use only to figure your 2008 estimated taxes.
Schedule X—Use if your 2008 filing status is Single
If line 5 is:
Over—
$0
x,xxx
xx,xxx
xx,xxx
xxx,xxx
xxx,xxx

f
o
s
a
7
t
0
f
0
a
2
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/
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7
0
The tax is:

But not
over—
$x,xxx
xx,xxx
xx,xxx
xxx,xxx
xxx,xxx

$xxx.xx
x,xxx.xx
xx,xxx.xx
xx,xxx.xx
xxx,xxx.xx

10%
+ 15%
+ 25%
+ 28%
+ 33%
+ 35%

of the
amount
over—

Over—
$0
xx,xxx
xx,xxx
xxx,xxx
xxx,xxx
xxx,xxx

The tax is:

But not
over—
$xx,xxx
xx,xxx
xxx,xxx
xxx,xxx
xxx,xxx

$x,xxx.xx
x,xxx.xx
xx,xxx.xx
xx,xxx.xx
xx,xxx.xx

10%
+ 15%
+ 25%
+ 28%
+ 33%
+ 35%

If line 5 is:
Over—

The tax is:

of the
amount
over—

But not
over—

$0
xx,xxx
xx,xxx
xxx,xxx
xxx,xxx
xxx,xxx

$0
x,xxx
xx,xxx
xx,xxx
xxx,xxx
xxx,xxx

$xx,xxx
xx,xxx
xxx,xxx
xxx,xxx
xxx,xxx

$x,xxx.xx
x,xxx.xx
xx,xxx.xx
xx,xxx.xx
xx,xxx.xx

+
+
+
+
+

10%
15%
25%
28%
33%
35%

$0
xx,xxx
xx,xxx
xxx,xxx
xxx,xxx
xxx,xxx

Schedule Y-2—Use if your 2008 filing status is
Married filing separately

Schedule Y-1—Use if your 2008 filing status is
Married filing jointly or Qualifying widow(er)
If line 5 is:

Schedule Z—Use if your 2008 filing status is
Head of household

of the
amount
over—

If line 5 is:
Over—

$0
xx,xxx
xx,xxx
xxx,xxx
xxx,xxx
xxx,xxx

The tax is:

of the
amount
over—

But not
over—

$0
x,xxx
xx,xxx
xx,xxx
xx,xxx
xxx,xxx

$x,xxx
xx,xxx
xx,xxx
xx,xxx
xxx,xxx

$xxx.xx
x,xxx.xx
xx,xxx.xx
xx,xxx.xx
xx,xxx.xx

+
+
+
+
+

10%
15%
25%
28%
33%
35%

$0
x,xxx
xx,xxx
xx,xxx
xx,xxx
xxx,xxx

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 Internal Revenue
Service at 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, use another Form
1040-ES package.
Note. 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.
IF you live in . . .
THEN use . . .

District of Columbia, Maine,
Maryland, Massachusetts, New
Hampshire, New York, Vermont

P.O. Box 37001
Hartford, CT
06176-0001

New Jersey, Pennsylvania

Alabama, Delaware, Florida,
Georgia, North Carolina, Rhode
Island, South Carolina, Virginia
Alaska, Arizona, California,
Hawaii, Nevada, Oregon,
New Mexico, Utah

P.O. Box 37007
Hartford, CT
06176-0007

P.O. Box 105225
Atlanta, GA
30348-5225
P.O. Box 510000
San Francisco, CA
94151-5100

Arkansas, Connecticut, Illinois,
Indiana, Michigan, Missouri,
Ohio, West Virginia

P.O. Box 970006
St. Louis, MO
63197-0006

Kentucky, Louisiana,
Mississippi, Tennessee,
Texas

P.O. Box 660406
Dallas, TX
75266-0406

Colorado, Idaho, Iowa,
Kansas, Minnesota,
Montana, Nebraska, North
Dakota, Oklahoma, South
Dakota, Washington,
Wyoming, Wisconsin

P.O. Box 802502
Cincinnati, OH
45280-2502

All APO and FPO
addresses, U.S. citizens or
tax residents in a foreign
country, and those filing
Form 2555 or 2555-EZ
American Samoa, anyone
filing Form 4563, the
Commonwealth of the
Northern Mariana Islands,
nonpermanent residents of
Guam or the U.S. Virgin
Islands, Puerto Rico (or if
excluding income under
Internal Revenue Code
section 933), dual-status
aliens

Permanent residents
of Guam*

Permanent
residents of the
U.S. Virgin Islands*

P.O. Box 660406
Dallas, TX
75266-0406
USA

Department of
Revenue and Taxation
Government of Guam
P.O. Box 23607
GMF, GU 96921
V.I. Bureau of
Internal Revenue
9601 Estate Thomas
Charlotte Amalie
St. Thomas, VI 00802

* Permanent residents must prepare separate vouchers for estimated income tax and self-employment tax payments. Send the income tax vouchers to the address for
permanent residents and the self-employment tax vouchers to the address for nonpermanent residents.

Page 6

Form

1040-ES
Department of the Treasury
Internal Revenue Service

2008 Estimated Tax

Print or type

Payment
Voucher

OMB No. 1545-0074

Calendar year—Due Sept. 15, 2008
Amount of estimated tax you are paying
by check or
Dollars
Cents
money order.

f
o
s
a
7
t
0
f
0
a
2
r
/
D /13
7
2
0

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, province or state, postal code, and country.)
For Privacy Act and Paperwork Reduction Act Notice, see instructions on page 5.

Form

Tear off here

1040-ES
Department of the Treasury
Internal Revenue Service

2008 Estimated Tax

Print or type

Payment
Voucher

OMB No. 1545-0074

Calendar year—Due June 16, 2008
Amount of estimated tax you are paying
by check or
Cents
Dollars
money order.

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, province or state, postal code, and country.)

For Privacy Act and Paperwork Reduction Act Notice, see instructions on page 5.

Form

Tear off here

1040-ES
Department of the Treasury
Internal Revenue Service

2008 Estimated Tax

Print or type

Payment
Voucher

OMB No. 1545-0074

Calendar year—Due April 15, 2008
Amount of estimated tax you are paying
by check or
Cents
Dollars
money order.

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, province or state, postal code, and country.)

For Privacy Act and Paperwork Reduction Act Notice, see instructions on page 5.

Page 7

File Type	application/pdf
File Title	2008 Form 1040-ES (OTC)
Subject	Estimated Tax for Individuals
Author	SE:W:CAR:MP
File Modified	2007-07-16
File Created	2007-07-11