Tag Archives: ES TAxes

ES Payments for Q4 of 2021 Due On Tuesday January 18th Day AFTER Bank/Market Holiday

Happy Friday …. We made it safely to the end of the first full week of the new year! yay

Early this week the following email from the IRS hit our inbox in timely form, so we wanted to share!

Issue Number:    IR-2022-03

Inside This Issue


IRS reminder to many: Make final 2021 quarterly tax payment by Jan. 18; avoid surprise tax bill, possible penalty
 

WASHINGTON − The IRS urges taxpayers to check into their options to avoid being subject to estimated tax penalties, which apply when someone underpays their taxes. Taxpayers who paid too little tax during 2021 can still avoid a surprise tax-time bill and possible penalty by making a quarterly estimated tax payment now, directly to the Internal Revenue Service. The deadline for making a payment for the fourth quarter of 2021 is Tuesday, Jan. 18, 2022.

The hotlink from the IRS email is hot and will take you to the IRS website for electronic payment, which we HIGHLY suggest you use.

Between snail mail slowness and the tremendous IRS back logs, sending a check in the mail may lead to a very delayed payment an even a loss of payment which the IRS would frown upon.

Have a Great “ES Friday Reminder” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents


1040 Estimated ES Quarter 3 2021 Tax Due Date Today!

Today is the due date for Quarter 3 2021 Estimated Taxes!

Between the last two years of jockeying the dates for regular returns and filings, and the odd timed ES filing (note below Q 2 is only a two month gap) if you have forgotten or are off on your days…. do not worry you are not alone.

While the postal system is getting better, as mentioned here it may be a good idea to file your ES both Federal and State Electronically!

This is the exact link to the Federal deposit site do not want bad guys jumping in front of your browser, make sure your browser gets to this link.

https://www.irs.gov/payments/direct-pay

Looks like this:

We know many of you are old fashion and want to send it via coupon and mail, no worries, just make sure it gets in the mail to be postmarked by tomorrow and use that handy cell phone as your scanner and take picture of the coupon, check and envelope for proof if there is a delay!

From Publication 505 from the IRS

Link to publication

From Page 26 of the Pub 505:

For the period: Due date:
Jan. 11
– March 31 …….. April 15
April 1 – May 31 ………. June 15
June 1 – Aug. 31 ……… Sept. 15
Sept. 1 – Dec. 31 ……… Jan. 18, next year

Form 1040 Instructions : ES Coupon Page 11 and Fillable

Here is the link to the IRS booklet that has blank ES Coupons, specifically Q 3 is on page 11…

Again, the booklet is fillable for those such as myself who’s handwriting has fallen off a cliff in clarity! haha, not kidding!

Have a Great “ES Tax Reminder” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents

Quarterly (Q 4 2019 1040 ES) Estimated Tax Reminder … Payment Due This Coming Wednesday –

For those of you that need to pay in estimated taxes, this is your friendly reminder…

Payment Due Dates:

4th payment …………….. Jan. 15, 2020*

* You don’t have to make the payment due January 15,
2020, if you file your 2019 tax return by January 31, 2020,
and pay the entire balance due with your return.

Quarterly Estimated Tax Payment Reminder

Here is the link to IRS Publication 1040 ES  – which has EVERYTHING you need to file your ES payment!

Here is the ES payment coupon due Wednesday January 15, 2020:

Q 4 2019 ES Payment Voucher

 

 

Here is where to send the ES Payments:

2019 Where to File ES Payments

 

State Income Tax filers, you may also need to file a similar report as the above is for Federal Only Income Tax filers…

Talk to you next week – thanks for your time!

Have a Great “Quarterly ES Reminder” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents

 

Quarterly (Q 3 2019 1040 ES) Estimated Tax Reminder … Payment Due This Coming Monday –

For those of you that need to pay in estimated taxes, this is your friendly reminder…

Payment Due Dates

3rd payment …………….. Sept. 16, 2019
4th payment …………….. Jan. 15, 2020*

Quarterly Estimated Tax Payment Reminder

Here is the link to IRS Publication 1040 ES  – which has EVERYTHING you need to file your ES payment!

Here is the ES payment coupon due Monday September 16, 2019:

Q 3 1040 ES Voucher

 

Here is where to send the ES Payments:

2019 Where to File ES Payments

 

State Income Tax filers, you may also need to file a similar report as the above is for Federal Only Income Tax filers…

Talk to you next week – thanks for your time!

Have a Great “Quarterly ES Reminder” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents

 

Quarterly Estimated Tax Reminder … Payment Due Next Monday – Travels Next Week – Happy Fathers Day Weekend

For those of you that need to pay in estimated taxes, this is your friendly reminder…

Payment Due Dates
You can pay all of your estimated tax by April 15, 2019, or
in four equal amounts by the dates shown below.
1st payment …………….. April 15, 2019
2nd payment ……………. June 17, 2019
3rd payment …………….. Sept. 16, 2019
4th payment …………….. Jan. 15, 2020*

Quarterly Estimated Tax Payment Reminder

Here is the link to IRS Publication 1040 ES  – which has EVERYTHING you need to file your ES payment!

Here is the ES payment coupon due Monday June 17, 2019:

2019 Payment Voucher 2 due June 17 2019

Here is where to send the ES Payments:

2019 Where to File ES Payments

 

State Income Tax filers, you may also need to file a similar report as the above is for Federal Only Income Tax filers…

Break In:

At 10:40, about ten minutes after this post hits your in box, the fourteen year old will play in the Consolation Finals (5th or 6th place) see next note – Nice Father’s Day Gift!

Happy Father’s Day Weekend!

 

Post Tennis Travels

This week, the largest Texas Tennis Tournament of the Year occurred in a small and people-crushed into, West Texas Town (with VERY bad internet- I digress) … 984 players (not including parents) squashing themselves on courts, grocery stores, restaurants, and any place that was available… EVERYONE … present party included, GLAD TO BE THERE AS LONG AS POSSIBLE … AS IT IS WIN OR GO HOME …. next week, the family is happily off for a quick break in a quiet place before the next tournament which is more normal … a long Weekend  (summer brings the most tournaments of the year).

Always lightly tethered electronically!

Talk to you next week – thanks for your time!

Have a Great “Quarterly ES Reminder” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents