A Guide to Withholding, Estimated Taxes, and Ways to Avoid the Estimated Tax Penalty
Tax Withholding for Individuals
Withholding Calculator The Withholding Calculator is a tool on IRS.gov designed to help you determine how to have the right amount of tax withheld from your paychecks. Note: The Withholding Calculator works for most taxpayers. People with more complex tax situations should use the instructions in Publication 505, Tax Withholding and Estimated Tax..
Form W-4, Employee’s Withholding Allowance Certificate
Estimated Taxes You may have to make estimated tax payments if the amount of income tax withheld from your salary or pension is not enough, or if you receive income such as interest, dividends, alimony, self-employment income, capital gains, prizes and awards.
Publication 505, Tax Withholding and Estimated Taxes
Form 1040-ES, Estimated Tax for Individuals
Form 2210, Underpayment of Estimated Tax by Individuals, Estates, and Trusts (2017)
Instructions for Form 2210 (2017)
Tax Reform Major tax reform was approved by Congress in the Tax Cuts and Jobs Act (TCJA) on December 22, 2017. Check this page for updates and resources.
Sharing Economy Tax Center A web page designed to help taxpayers involved in the sharing economy ( Obama Care) quickly locate the resources they need to help them meet their tax obligations.
Small Business and Self-Employed Tax Center Resources for taxpayers who file Form 1040, Schedules C, E, F or Form 2106, as well as small businesses with assets under $10 million.