Internal Revenue Code section 6654(1) imposes a penalty on trusts, and in certain circumstances, a decedent's estate, for underpayment of estimated tax. Form 1041-ES is used by the fiduciary to make the estimated tax payments. For first-time filers, the form is available in an Over The Counter (OTC) version at IRS offices. For previous filers, the form is sent to them by the IRS with preprinted vouchers in the Optical Character Resolution (OCR) version.
The latest form for Estimated Income Tax for Estates and Trusts expires 2023-12-31 and can be found here.
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Federal Enterprise Architecture: General Government - Taxation Management
Form 1041-ES | Estimated Income Tax for Estates and Trusts | Fillable Fileable | Form and instruction |
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