Fillable Form 1040-Es (Nr) - Estimated Tax Payment Voucher 2011 (Page 2 of 7) in pdf

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A maximum credit for residential

expenses for qualified tuition programs

We do not send notices reminding

energy property costs of $50 for any

(section 529 plans).

you to make your estimated tax

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advanced main air circulating fan; $150

Exemption from alternative minimum

payments. You must make each

CAUTION

for any qualified natural gas, propane, or

tax treatment for certain tax-exempt

payment by the due date.

oil furnace or hot water boiler; and $300

bonds.

If you mail your payment in the United

for any item of energy-efficient

States and it is postmarked by the due

building property.

date, the date of the U.S. postmark is

How To Figure Your

Adoption credit or exclusion. The

considered the date of the payment. If

your payments are late or you did not pay

maximum adoption credit or exclusion for

Estimated Tax

enough, you may be charged a penalty

employer-provided adoption benefits has

You will need:

for underpaying your tax. See When a

increased to $13,360. In order to claim

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The 2011 Estimated Tax Worksheet on

Penalty Is Applied on page 3.

either the credit or exclusion, your AGI

page 6.

must be less than $225,210.

If you want, you can make more

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The Instructions for the 2011 Estimated

Temporary decrease in employee’s

than four estimated tax payments.

TIP

Tax Worksheet on pages 3 and 4.

share of payroll tax. Social security tax

To do so, make a copy of one of

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The 2011 Tax Rate Schedules on page

will be withheld from an employee’s

your unused estimated tax payment

4 for your filing status.*

wages at the rate of 4.2% (down from

vouchers, fill it in, and mail it with your

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Your 2010 tax return and instructions to

6.2%) up to the social security wage limit

payment. If you make more than four

use as a guide to figuring your income,

of $106,800. There will be no change to

payments, to avoid a penalty make sure

deductions, and credits (but be sure to

Medicare withholding.

the total of the amounts you pay during a

consider the items listed under What’s

payment period is at least as much as the

The same reduction applies to net

New that begins on page 1).

amount required to be paid by the due

earnings from self-employment — the

* If you are married, you generally

date for that period. For other payment

temporary rate will be 10.4% (down from

must use Tax Rate Schedule Y. For

methods, see Pay Electronically

12.4%) up to the social security wage limit

exceptions, see Pub. 519, U.S. Tax Guide

on page 3.

of $106,800. The method of figuring

for Aliens, chapter 5.

No income subject to estimated tax

“one-half of self-employment tax” for

during first payment period. If, after

adjusted gross income will change

Matching estimated tax payments to

March 31, 2011, you have a large change

slightly, and a worksheet is provided (see

income. If you receive your income

in income, deductions, additional taxes, or

line 1 instructions).

unevenly throughout the year (for

credits that requires you to start making

example, because you operate your

Increase in additional tax on certain

estimated tax payments, you should

business on a seasonal basis or you have

distributions not used for qualified

figure the amount of your estimated tax

a large capital gain late in the year), you

medical expenses. The tax on

payments by using the annualized income

may be able to lower or eliminate the

distributions from health savings accounts

installment method, explained in chapter

amount of your required estimated tax

(HSAs) and Archer MSAs made after

2 of Pub. 505. If you use the annualized

payment for one or more periods by using

December 31, 2010, that are not used for

income installment method, file Form

the annualized income installment

qualified medical expenses is increased

2210, Underpayment of Estimated Tax by

method. See chapter 2 of Pub. 505 for

to 20%.

Individuals, Estates, and Trusts, including

details.

Health coverage tax credit (HCTC).

Schedule AI, with your 2011 tax return

Changing your estimated tax. To

Beginning after February 12, 2011, the

even if no penalty is owed.

amend or correct your estimated tax, see

credit has decreased to 65% (from 80%)

Farmers and fishermen. If at least

How To Amend Estimated Tax Payments

for amounts paid for qualified health

two-thirds of your gross income for 2010

on page 3.

insurance coverage for you, your spouse,

or 2011 is from farming or fishing, you

and other qualifying family members.

can do one of the following.

You cannot make joint estimated

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Self-employment tax. Line 11 has been

Pay all of your estimated tax by

tax payments if you or your

added to the Estimated Tax Worksheet

January 17, 2012.

spouse is a nonresident alien, you

CAUTION

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for your self-employment tax.

File your 2011 Form 1040NR by March

are separated under a decree of divorce

1, 2012, and pay the total tax due. In this

or separate maintenance, or you and your

Reminders

case, 2011 estimated tax payments are

spouse have different tax years.

not required to avoid a penalty.

Roth IRAs. If you rolled over or

converted part or all of another retirement

Payment Due Dates

Fiscal year taxpayers. You are on a

plan to a Roth IRA in 2010, or made an

fiscal year if your 12-month tax period

If you have wages subject to U.S. income

in-plan rollover to a designated Roth

ends on any day except December 31.

tax withholding, you can pay all of your

account after September 27, 2010, and

Due dates for fiscal year taxpayers are

estimated tax by April 18, 2011, or in four

did not elect to include the resulting

the 15th day of the 4th (if applicable), 6th,

equal amounts by the dates shown below.

taxable amount in income for 2010, you

and 9th months of your current fiscal year

must report half of that taxable amount on

and the 1st month of the following fiscal

1st payment . . . . . . . Apr. 18, 2011

your 2011 return and the other half on

year. If any payment date falls on a

2nd payment . . . . . . . Jun. 15, 2011

your 2012 return. See the instructions for

Saturday, Sunday, or legal holiday, use

3rd payment . . . . . . . Sep. 15, 2011

Form 8606 for more information.

the next business day.

4th payment . . . . . . . Jan. 17, 2012*

Self-employment tax. Be sure to deduct

Name Change

one-half of your self-employment tax in

* You do not have to make the payment due January

17, 2012, if you file your 2011 Form 1040NR or

figuring your AGI.

If you changed your name because of

1040NR-EZ by January 31, 2012, and pay the entire

marriage, divorce, etc., and you made

Expiring Tax Benefits

balance due with your return.

estimated tax payments using your former

The following benefits are scheduled to

name, attach a statement to the front of

If you do not have wages subject to

expire or have been repealed and will not

your 2011 income tax return. On the

U.S. income tax withholding, you can pay

be available for 2011.

statement, show all of the estimated tax

all of your estimated tax by June 15,

payments you made for 2011 and the

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Self-employed health insurance

2011, or you can pay it in three

name and identifying number under which

deduction when figuring

installments. If you pay the tax in three

you made the payments.

self-employment tax.

installments, 1/2 is due by June 15, 2011,

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Computer technology and equipment

1/4 is due by September 15, 2011, and

If your identifying number is a social

allowed as qualified higher education

1/4 is due by January 17, 2012.

security number, be sure to report the

-2-

Form 1040-Es (Nr) - Estimated Tax Payment Voucher 2011 Page 2

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