2024

Form 1040-ES

Estimated Tax for Individuals

Department of the Treasury

Internal Revenue Service

Purpose of This Package

Use Form 1040-ES to figure and pay your estimated tax 

for 2024.

Estimated tax is the method used to pay tax on income 

that isn’t subject to withholding (for example, earnings 

from self-employment, interest, dividends, rents, alimony, 

etc.). In addition, if you don’t 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.

Preprinted vouchers. If you made estimated tax 

payments for 2023, this package may contain vouchers 

that are preprinted with your name, address, and SSN.

If your name or SSN isn't correct, make the 

necessary changes on the vouchers. Cross out 

the name and SSN of a deceased or divorced 

spouse.

Change of address. If your address has changed, file 

Form 8822, to update your record.

Future developments. For the latest information about 

developments related to Form 1040-ES and its 

instructions, such as legislation enacted after they were 

published, go to IRS.gov/Form1040ES.

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 pay estimated tax for 2024 if both 

of the following apply.

1. You expect to owe at least $1,000 in tax for 2024, 

after subtracting your withholding and refundable credits.

2. You expect your withholding and refundable credits 

to be less than the smaller of:

a. 90% of the tax to be shown on your 2024 tax return, 

or

b. 100% of the tax shown on your 2023 tax return. Your 

2023 tax return must cover all 12 months.

Note. These percentages may be different if you are a 

farmer, fisherman, or higher income taxpayer. See Special 

Rules, later.

Exception. You don’t have to pay estimated tax for 2024 

if you were a U.S. citizen or resident alien for all of 2023 

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and you had no tax liability for the full 12-month 2023 tax 

year. You had no tax liability for 2023 if your total tax was 

zero or you didn’t 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 2023 or 2024 is from farming or fishing, 

substitute 662/3% for 90% in (2a) under General Rule.

Household employers. When estimating the tax on your 

2024 tax return, include your household employment 

taxes 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 didn’t include household 

employment taxes when figuring your estimated tax.

Higher income taxpayers. If your adjusted gross 

income (AGI) for 2023 was more than $150,000 ($75,000 

if your filing status for 2024 is married filing separately), 

substitute 110% for 100% in (2b) under General Rule, 

earlier. This rule doesn’t 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 Certificate, with your employer.

Generally, if you receive a pension or annuity you can 

use Form W-4P, Withholding Certificate for Periodic 

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 (see Form 

W-4V, Voluntary Withholding Request) or from 

nonperiodic payments and eligible rollover distributions 

(see Form W-4R, Withholding Certificate for Nonperiodic 

Payments and Eligible Rollover Distributions).

You can use the Tax Withholding Estimator at 

IRS.gov/W4App to determine whether you need to 

have your withholding increased or decreased.

Additional Information You May Need

You can find most of the information you will need in Pub. 

505, Tax Withholding and Estimated Tax, and in the 

instructions for the 2023 Form 1040 and 1040-SR.

For details on how to get forms and publications, see 

the 2023 Instructions for Form 1040.

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Dec 7, 2023 Cat. No. 11340T
What's New

In figuring your 2024 estimated tax, be sure to consider 

the following.

Standard deduction amount increased. For 2024, the 

standard deduction amount has been increased for all 

filers. If you don't itemize your deductions, you can take 

the 2024 standard deduction listed in the following chart 

for your filing status.

IF your 2024 filing status is... THEN your standard 

deduction is...

Married filing jointly or 

Qualifying surviving spouse $29,200

Head of household $21,900

Single or Married filing separately $14,600

However, if you can be claimed as a dependent on 

another person's 2024 return, your standard deduction is 

the greater of:

• $1,300, or

• Your earned income plus $450 (up to the standard 

deduction amount).

Your standard deduction is increased by the following 

amount if, at the end of 2024, you are:

• An unmarried individual (single or head of household) 

and are:

65 or older or blind ........................ $1,950 

65 or older and blind ....................... $3,900 

• A married individual (filing jointly or separately) or a 

qualifying surviving spouse and are:

65 or older or blind ........................ $1,550

65 or older and blind ....................... $3,100

Both spouses 65 or older .................... $3,100*

Both spouses 65 or older and blind .............. $6,200*

*Only if married filing jointly. If married filing separately, these amounts 

do not apply.

Your standard deduction is zero if (a) your spouse 

itemizes on a separate return, or (b) you were a 

dual-status alien and you do not elect to be taxed 

as a resident alien for 2024.

Social security tax. For 2024, the maximum amount of 

earned income (wages and net earnings from 

self-employment) subject to the social security tax is 

$168,600.

Additional child tax credit amount increased For 

2024, the maximum additional child tax credit amount is 

$1,700 for each qualifying child.

Adoption credit or exclusion. For 2024, the maximum 

adoption credit or exclusion for employer-provided 

adoption benefits has increased to $16,810. In order to 

claim either the credit or exclusion, your modified adjusted 

gross income must be less than $292,150.

CAUTION

!

Form 1040-SS filers. For 2024, the Estimated Tax 

Worksheet for filers of Form 1040-SS has been added to 

Form 1040-ES.

Reminders

Individual taxpayer identification number (ITIN) renewal. If you have an ITIN that you haven’t included on a 

tax return in the last 3 consecutive years, you may need to 

renew it. For more information, see the Instructions for 

Form W-7.

Advance payments of the premium tax credit. If you 

buy health care insurance through the Health Insurance 

Marketplace, you may be eligible for advance payments of 

the premium tax credit to help pay for your insurance 

coverage. Receiving too little or too much in advance will 

affect your refund or balance due. Promptly report 

changes in your income or family size to your 

Marketplace. See Form 8962 and its instructions for more 

information.

Access Your Online Account

Go to IRS.gov/Account to securely access information 

about your federal tax account.

• View the amount you owe and a breakdown by tax year.

• See payment plan details or apply for a new payment 

plan.

• Make a payment, view 5 years of payment history and 

any pending or scheduled payments.

• Access your tax records, including key data from your 

most recent tax return, your economic impact payment 

amounts, and transcripts.

• View digital copies of select notices from the IRS.

• Approve or reject authorization requests from tax 

professionals.

• Update your address or manage your communication 

preferences.

How To Figure Your Estimated Tax

You will need:

• The 2024 Estimated Tax Worksheet,

• The Instructions for the 2024 Estimated Tax Worksheet,

• The 2024 Tax Rate Schedules, and

• Your 2023 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, 

earlier).

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 or you have a large capital gain late in the 

year), 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, later.

You can’t make joint estimated tax payments if you 

or your spouse is a nonresident alien, you are 

CAUTION

separated under a decree of divorce or separate 

!

2 Form 1040-ES (2024)
maintenance, or you and your spouse have different tax 

years.

Additionally, individuals who are in registered domestic 

partnerships, civil unions, or other similar formal 

relationships that aren’t marriages under state law cannot 

make joint estimated tax payments. These individuals can 

take credit only for the estimated tax payments that they 

made.

Payment Due Dates

You can pay all of your estimated tax by April 15, 2024, or 

in four equal amounts by the dates shown below.

1st payment ................. April 15, 2024 

2nd payment ................ June 17, 2024 

3rd payment ................. Sept. 16, 2024 

4th payment ................. Jan. 15, 2025*

* You don’t have to make the payment due January 15, 

2025, if you file your 2024 tax return by January 31, 2025, 

and pay the entire balance due with your return.

If you mail your payment and it is postmarked by the 

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

date of payment. If your payments are late or you didn’t 

pay enough, you may be charged a penalty for 

underpaying your tax. See When a Penalty Is Applied, 

later.

You can make more than four estimated tax 

payments. To do so, make a copy of one of your 

unused estimated tax payment vouchers, fill it in, 

and mail it with your payment. If you make more than four 

payments, to avoid a penalty, make sure the total of the 

amounts you pay during a payment period is at least as 

much as the amount required to be paid by the due date 

for that period. For other payment methods, see How To 

Pay Estimated Tax, later.

No income subject to estimated tax during first payment period. If, after March 31, 2024, 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. If you use the 

annualized income installment method, file Form 2210, 

including Schedule AI, with your 2024 tax return even if no 

penalty is owed.

Farmers and fishermen. If at least two-thirds of your 

gross income for 2023 or 2024 is from farming or fishing, 

you can do one of the following.

• Pay all of your estimated tax by January 15, 2025.

• File your 2024 Form 1040 or 1040-SR by March 3, 

2025, and pay the total tax due. In this case, 2024 

estimated tax payments aren’t 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 

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next business day. See Pub. 509, Tax Calendars, for a list 

of all legal holidays.

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 2024 

paper tax return. On the statement, show all of the 

estimated tax payments you (and your spouse, if filing 

jointly) made for 2024 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 2024 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 800-772-1213 (TTY/TDD 

800-325-0778).

How To Amend Estimated Tax 

Payments

To change or amend your estimated tax payments, 

refigure your total estimated tax payments due (see the 

2024 Estimated Tax Worksheet). Then, to figure the 

payment due for each remaining payment period, see 

Amended estimated tax 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 didn’t pay enough estimated tax for the year 

or you didn’t make the payments on time or in the required 

amount. A penalty may apply even if you have an 

overpayment on your tax return.

The penalty may be waived under certain conditions. 

See the Instructions for Form 2210 for details.

How To Pay Estimated Tax

Pay Online

Paying online is convenient and secure and helps make 

sure we get your payments on time. To pay your taxes 

online or for more information, go to IRS.gov/Payments.

Once you are issued a social security number (SSN), 

use it when paying your estimated taxes online. Use your 

SSN even if your SSN does not authorize employment or 

if you have been issued an SSN that authorizes 

employment and you lose your employment authorization. 

An ITIN will not be issued to you once you have been 

issued an SSN. If you received your SSN after previously 

using an ITIN, stop using your ITIN. Use your SSN 

instead.

You can pay using any of the following methods.

• Your Online Account. You can now make tax 

payments through your online account, including balance 

payments, estimated tax payments, or other types. You 

can also see your payment history and other tax records 

there. Go to IRS.gov/Account.

Form 1040-ES (2024) 3
• IRS Direct Pay. For online transfers directly from your 

checking or savings account at no cost to you, go to 

IRS.gov/Payments.

• Pay by Card or Digital Wallet. To pay by debit or 

credit card or digital wallet, go to IRS.gov/Payments. A fee 

is charged by these service providers.You can also pay by 

phone with a debit or credit card. See Debit or credit card 

under Pay by Phone, later.

• Electronic Fund Withdrawal. (EFW) is an integrated 

e-file/e-pay option offered when filing your federal taxes 

electronically using tax preparation software, through a tax 

professional, or the IRS at IRS.gov/OPA.

• Online Payment Agreement. If you can’t pay in full by 

the due date of your tax return, you can apply for an online 

monthly installment agreement at IRS.gov/Payments. 

Once you complete the online process, you will receive 

immediate notification of whether your agreement has 

been approved. A user fee is charged.

Electronic Federal Tax Payment System (EFTPS)

Allows you to pay your taxes online or by phone directly 

from your checking or saving account.There is no fee for 

this service. You must be enrolled either online or have an 

enrollment form mailed to you. See EFTPS under Pay by 

Phone, later.

Pay by Phone

Paying by phone is another safe and secure method of 

paying electronically. Use one of the following methods: 

(1) call one of the debit or credit card service providers, or 

(2) the Electronic Federal Tax Payment System (EFTPS) 

to pay directly from your checking or savings account.

Debit or credit card. Call one of our service providers. 

Each charges a fee that varies by provider, card type, and 

payment amount.

WorldPay US, Inc.

844-PAY-TAX-8TM (844-729-8298)

www.payUSAtax.com

ACI Payments, Inc.

888-UPAY-TAXTM (888-872-9829)

fed.acipayonline.com

Link2Gov Corporation

888-PAY-1040TM (888-729-1040)

www.PAY1040.com

EFTPS. To get more information about EFTPS or to enroll 

in EFTPS, visit EFTPS.gov or call 800-555-4477. To 

contact EFTPS using Telecommunications Relay Services 

(TRS) for people who are deaf, hard of hearing, or have a 

speech disability, dial 711 and then provide the TRS 

assistant the 800-555-4477 number above or 

800-733-4829. Additional information about EFTPS is also 

available in Pub. 966.

Mobile Device

To pay through your mobile device, download the IRS2Go 

app.

Pay by Cash

Cash is an in-person payment option for individuals 

provided through retail partners with a maximum of $1,000 

per day per transaction. To make a cash payment, you 

must choose a payment processor online at 

fed.acipayonline.com or www.Pay1040.com. For more 

information, go to IRS.gov/paywithcash or see Pub 5250. 

Don't send cash payments through the mail.

Pay by Check or Money Order Using the 

Estimated Tax Payment Voucher

Before submitting a payment through the mail using the 

estimated tax payment voucher, please consider 

alternative methods. One of our safe, quick, and easy 

online payment options might be right for you.

If you choose to mail in your payment, there is a 

separate estimated tax payment voucher for each due 

date. The due date is shown in the upper right corner. 

Complete and send in the voucher only if you are making 

a payment by check or money order. If you and your 

spouse plan to file separate returns, file separate 

vouchers instead of a joint voucher.

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. Enter 

your SSN even if your SSN does not authorize 

employment or if you have been issued an SSN that 

authorizes employment and you lose your employment 

authorization. If you have an ITIN, enter it wherever your 

SSN is requested. An ITIN will not be issued to you once 

you have been issued an SSN. If you received your SSN 

after previously using an ITIN, stop using your ITIN. Use 

your SSN instead. 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.

• 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 2023 overpayment that you 

choose to credit against your 2024 tax, but don’t include 

the overpayment amount in this box.

• Make your check or money order payable to “United 

States Treasury.” Don’t send cash. To help process your 

payment accurately, enter the amount on the right side of 

the check like this: $ XXX.XX. Don’t use dashes or lines 

(for example, don’t enter “$ XXX—” or “$ XXX xx/100”).

• Enter “2024 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 don’t staple or attach, your payment with 

the estimated tax payment voucher.

Notice to taxpayers presenting checks. When you 

provide a check as payment, you authorize us either to 

use information from your check to make a one-time 

electronic fund transfer from your account or to process 

the payment as a check transaction. When we use 

information from your check to make an electronic fund 

transfer, funds may be withdrawn from your account as 

soon as the same day we receive your payment, and you 

4 Form 1040-ES (2024)
will not receive your check back from your financial 

institution.

No checks of $100 million or more accepted. The 

IRS can’t accept a single check (including a cashier’s 

check) for amounts of $100,000,000 ($100 million) or 

more. If you are sending $100 million or more by check, 

you will need to spread the payment over 2 or more 

checks with each check made out for an amount less than 

$100 million. This limit doesn’t apply to other methods of 

payment (such as electronic payments). Please consider 

a method of payment other than check if the amount of the 

payment is over $100 million.

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 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 instructions. If you 

need more payment vouchers, you can make a copy of one of your unused vouchers.

Caution: 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. Therefore, you cannot use a private delivery service to make estimated tax payments required to be sent to a P.O. box.

IF you live in . . . THEN send it to . . . IF you live in . . . THEN send it to . . .

Alabama, Arizona, Florida, Georgia, 

Louisiana, Mississippi, New Mexico, 

North Carolina, South Carolina, 

Tennessee, Texas

Internal Revenue Service

P.O. Box 1300

Charlotte, NC 28201-1300

A foreign country, American Samoa, 

or Puerto Rico (or are excluding 

income under Internal Revenue 

Code 933), or use an APO or FPO 

address, or file Form 2555 or 4563, 

or are a dual-status alien or 

nonpermanent resident of Guam or 

the U.S. Virgin Islands

Internal Revenue Service

P.O. Box 1303

Charlotte, NC 28201-1303

Arkansas, Connecticut, Delaware, 

District of Columbia, Illinois, Indiana, 

Iowa, Kentucky, Maine, Maryland, 

Massachusetts, Minnesota, Missouri, 

New Hampshire, New Jersey, New 

York, Oklahoma, Rhode Island, 

Vermont, Virginia, West Virginia, 

Wisconsin

Internal Revenue Service

P.O. Box 931100

Louisville, KY 40293-1100

Guam:

Bona fide residents*

Department of 

Revenue and Taxation

Government of Guam

P.O. Box 23607

GMF, GU 96921

Alaska, California, Colorado, Hawaii, 

Idaho, Kansas, Michigan, Montana, 

Nebraska, Nevada, Ohio, Oregon, 

North Dakota, Pennsylvania, South 

Dakota, Utah, Washington, Wyoming

Internal Revenue Service

P.O. Box 802502

Cincinnati, OH 45280-2502

U.S. Virgin Islands:

Bona fide residents*

Virgin Islands Bureau

of Internal Revenue

6115 Estate Smith Bay

Suite 225

St. Thomas, VI 00802

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

bona fide residents and the self-employment tax vouchers to the address for non-bona fide residents.

Instructions for the 2024 Estimated 

Tax Worksheet

If you file Form 1040-SS, use the 2024 Estimated 

Tax Worksheet for Filers of Form 1040-SS.

Line 1. Adjusted gross income. When figuring the 

adjusted gross income you expect in 2024, be sure to 

consider the items listed under What’s New, earlier. For 

more details on figuring your AGI, see Expected 

AGI—Line 1 in chapter 2 of Pub. 505.

If you are self-employed, be sure to take into account 

the deduction for self-employment tax. Use the 2024 

Self-Employment Tax and Deduction Worksheet for Lines 

1 and 9 of the Estimated Tax Worksheet to figure the 

amount to subtract when figuring your expected AGI. This 

worksheet will also give you the amount to enter on line 9 

of your estimated tax worksheet.

Line 7. Credits. See the 2023 Form 1040 or 1040-SR, 

line 19, and Schedule 3 (Form 1040), lines 1 through 6z, 

and the related instructions for the types of credits 

allowed.

CAUTION

!

Line 9. Self-employment tax. If you and your spouse 

make joint estimated tax payments and both of you have 

self-employment income, figure the self-employment tax 

for each of you separately. Enter the total on line 9. When 

estimating your 2024 net earnings from self-employment, 

be sure to use only 92.35% (0.9235) of your total net profit 

from self-employment.

Line 10. Other taxes. Use the 2023 Instructions for Form 

1040 to determine if you expect to owe, for 2024, any of 

the taxes that would have been entered on your 2023 

Schedule 2 (Form 1040), line 8 through 12 and 14 through 

17z (see Exception 2, later). On line 10, enter the total of 

those taxes, subject to the following two exceptions.

Exception 1. Include household employment taxes 

from Schedule 2 (Form 1040), line 9, on this line only if:

• You will have federal income tax withheld from wages, 

pensions, annuities, gambling winnings, or other income; 

or

• You would be required to make estimated tax payments 

(to avoid a penalty) even if you didn’t include household 

employment taxes when figuring your estimated tax.

If you meet either of the above, include the total of your 

household employment taxes on line 10.

Form 1040-ES (2024) 5
Exception 2. Because the following taxes are not 

required to be paid until the due date of your income tax 

(not including extensions), do not include them on line 10.

• Uncollected social security and Medicare or RRTA tax 

on tips or group-term life insurance (Schedule 2, line 13),

• Recapture of federal mortgage subsidy (Schedule 2, 

line 17b),

• Excise tax on excess golden parachute payments 

(Schedule 2, line 17k),

• Excise tax on insider stock compensation from an 

expatriated corporation (Schedule 2, line 17m), and

• Look-back interest under section 167(g) or 460(b) 

(Schedule 2, line 17n).

Additional Medicare Tax. For information about the 

Additional Medicare Tax, see the Instructions for Form 

8959.

Net Investment Income Tax (NIIT). For information 

about the Net Investment Income Tax, see the Instructions 

for Form 8960.

Repayment of first-time homebuyer credit. You 

must repay the first-time homebuyer credit if you bought 

the home in 2008.

For details about repaying the first-time homebuyer 

credit, see the Instructions for Form 5405.

Line 12b. Prior year's tax. Enter the 2023 tax you figure 

according to the instructions in Figuring your 2023 tax 

unless you meet one of the following exceptions.

• If the AGI shown on your 2023 return is more than 

$150,000 ($75,000 if married filing separately for 2024), 

enter 110% of your 2023 tax as figured next.

Note. This doesn’t apply to farmers or fishermen.

• If you will file a joint return for 2024 but you didn’t file a 

joint return for 2023, add the tax shown on your 2023 

return to the tax shown on your spouse's 2023 return and 

enter the total on line 12b.

• If you filed a joint return for 2023 but you will not file a 

joint return for 2024, first figure the tax both you and your 

spouse would have paid had you filed separate returns for 

2023 using the same filing status as for 2024. Then 

multiply the tax on the joint return by a fraction, the 

numerator being the tax you would have paid had you filed 

a separate return, over the total tax you and your spouse 

would have paid had you filed separate returns. Enter this 

amount on line 12b.

• If you didn’t file a return for 2023 or your 2023 tax year 

was less than 12 full months, don’t complete line 12b. 

Instead, enter the amount from line 12a on line 12c.

Figuring your 2023 tax. Use the following instructions 

to figure your 2023 tax.

The tax shown on your 2023 Form 1040 or 1040-SR is 

the amount on Form 1040 or 1040-SR, line 24, reduced 

by:

1. Unreported social security and Medicare tax or 

RRTA tax from Schedule 2 (Form 1040), lines 5 and 6;

2. Any tax included on Schedule 2 (Form 1040), line 8, 

on excess contributions to an IRA, Archer MSA, Coverdell 

education savings account, health savings account, ABLE 

account, or on excess accumulations in qualified 

retirement plans;

3. Amounts on Schedule 2 (Form 1040) as listed 

under Exception 2, earlier; and

4. Any refundable credit amounts on Form 1040 or 

1040-SR, lines 27, 28, and 29, Schedule 3 (Form 1040), 

lines 9 and 12, and Schedule H lines 8e and 8f.

2024 Self-Employment Tax and Deduction Worksheet for

Lines 1 and 9 of the Estimated Tax Worksheet Keep for Your Records

1a. Enter your expected income and profits subject to self-employment tax* ............. 1a.

b. If you will have farm income and also receive social security retirement or disability 

benefits, enter your expected Conservation Reserve Program payments that will be 

included on Schedule F (Form 1040) or listed on Schedule K-1 (Form 1065) ......... b.

2. Subtract line 1b from line 1a ............................................. 2.

3. Multiply line 2 by 92.35% (0.9235) ........................................ 3.

4. Multiply line 3 by 2.9% (0.029) ............................................................... 4.

5. Social security tax maximum income ...................................... 5. $168,600

6. Enter your expected wages (if subject to social security tax or the 6.2% portion of 

tier 1 railroad retirement tax) ............................................. 6.

7. Subtract line 6 from line 5 ............................................... 7.

Note. If line 7 is zero or less, enter -0- on line 9 and skip to line 10.

8. Enter the smaller of line 3 or line 7 ........................................ 8.

9. Multiply line 8 by 12.4% (0.124) .............................................................. 9.

10. Add lines 4 and 9. Enter the result here and on line 9 of your 2024 Estimated Tax Worksheet .................. 10.

11. Multiply line 10 by 50% (0.50). This is your expected deduction for self-employment tax on 

Schedule 1 (Form 1040), line 15. Subtract this amount when figuring your expected AGI on 

line 1 of your 2024 Estimated Tax Worksheet ................................. 11.

* Your net profit from self-employment is found on Schedule C (Form 1040), line 31; Schedule F (Form 1040), line 34; and Schedule K-1 (Form 1065), box 14, code A.

6 Form 1040-ES (2024)
2024 Tax Rate Schedules

Caution. Don’t use these Tax Rate Schedules to figure your 2023 taxes. Use only to figure your 2024 estimated taxes.

Schedule X—Use if your 2024 filing status is 

Single

Schedule Z—Use if your 2024 filing status is

Head of household

If line 3 

is: The tax is:

If line 3 

is: The tax is:

 Over—

 But not 

 over—

of the

amount

over— Over—

But not 

over—

of the

amount

over—

$0 $11,600 ----------- + 10% $0 $0 $16,550 ----------- + 10% $0

11,600 47,150 $1,160.00 + 12% 11,600 16,550 63,100 $1,655.00 + 12% 16,550

47,150 100,525 5,426.00 + 22% 47,150 63,100 100,500 7,241.00 + 22% 63,100

100,525 191,950 17,168.50 + 24% 100,525 100,500 191,950 15,469.00 + 24% 100,500

191,950 243,725 39,110.50 + 32% 191,950 191,950 243,700 37,417.00 + 32% 191,950

243,725 609,350 55,678.50 + 35% 243,725 243,700 609,350 53,977.00 + 35% 243,700

609,350 ----------- 183,647.25 + 37% 609,350 609,350 ----------- 181,954.50 + 37% 609,350

Schedule Y-1— Use if your 2024 filing status is

Married filing jointly or Qualifying surviving spouse

Schedule Y-2—Use if your 2024 filing status is

Married filing separately

If line 3 

is:

The tax is: If line 3 

is:

The tax is:

Over—

But not 

over—

of the

amount

over— Over—

But not 

over—

of the

amount

over—

$0 $23,200 ----------- + 10% $0 $0 $11,600 --------- + 10% $0

23,200 94,300 $2,320.00 + 12% 23,200 11,600 47,150 $1,160.00 + 12% 11,600

94,300 201,050 10,852.00 + 22% 94,300 47,150 100,525 5,426.00 + 22% 47,150

201,050 383,900 34,337.00 + 24% 201,050 100,525 191,950 17,168.50 + 24% 100,525

383,900 487,450 78,221.00 + 32% 383,900 191,950 243,725 39,110.50 + 32% 191,950

487,450 731,200 111,357.00 + 35% 487,450 243,725 365,600 55,678.50 + 35% 243,725

731,200 --------- 196,669.50 + 37% 731,200 365,600 ----------- 98,334.75 + 37% 365,600

2024 Estimated Tax Worksheet for Filers of Form 1040-SS Keep for Your Records

1. Complete lines 1 through 10 of the 2024 Self-Employment Tax and Deduction Worksheet and enter the amount from 

line 10 ....................................................................... 1.

2. Household employment taxes and the Additional Medicare Tax ................................... 2.

3. Add lines 1 and 2 ................................................................ 3.

4. Bona fide residents of Puerto Rico only, enter the amount of your additional child tax credit (if any) ............ 4.

5. Subtract line 4 from line 3. If less than the sum of $1,000 and household employment taxes, no payment is 

required ...................................................................... 5.

6a. Multiple line 5 by 90% (66 2/3% for farmers and fishermen) ...................................... 6a.

b. Enter the tax amount from your 2023 tax return (the amount from Form 1040-SS, line 6 minus the sum of Form 

1040-SS, lines 8 through 11b) ........................................................ 6b.

c. Enter the smaller of line 6a or 6b (minus the expected amount of Additional Medicare Tax withholding). This is the 

annual payment you must make ....................................................... 6c.

Caution: Generally, if you do not prepay at least the amount shown on line 6c, you may owe a penalty for not paying enough 

estimated tax. To avoid a penalty, make sure your estimate on line 1 is as accurate as possible. If you are not sure of the 

amount of estimated tax, and line 6a is smaller than line 6b, it would be convenient for you to pay an amount of at least the 

amount shown on line 6b. 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 1. For details, see chapter 2 of Pub. 505.

7. Amount of the installments. If the first payment you are required to make is due April 15, 2024, enter 1⁄4 of line 6c 

(minus any 2023 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. (Even when you are not required to make the payment due on 

April 15, 2024, your economic situation might change in a way that you might need to present a payment voucher and 

make a payment in the future. See Annualized Income Installment Method in chapter 2 of Pub. 505, for 

more information.) ................................................................ 7.

Form 1040-ES (2024) 7
2024 Estimated Tax Worksheet Keep for Your Records

1 Adjusted gross income you expect in 2024 (see instructions) . . . . . . . . . . . . . . 1

2a Deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a

• If you plan to itemize deductions, enter the estimated total of your itemized deductions.

• If you don’t plan to itemize deductions, enter your standard deduction.

b If you can take the qualified business income deduction, enter the estimated amount of the deduction 2b

c Add lines 2a and 2b . . . . . . . . . . . . . . . . . . . . . . . . . . . 2c

3 Subtract line 2c from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . 3

4 Tax. Figure your tax on the amount on line 3 by using the 2024 Tax Rate Schedules. 

Caution: If you will have qualified dividends or a net capital gain, or expect to exclude or deduct foreign 

earned income or housing, see Worksheets 2-5 and 2-6 in Pub. 505 to figure the tax . . . . . . 4

5 Alternative minimum tax from Form 6251 . . . . . . . . . . . . . . . . . . . . 5

6 Add lines 4 and 5. Add to this amount any other taxes you expect to include in the total on Form 1040 

or 1040-SR, line 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

7 Credits (see instructions). Do not include any income tax withholding on this line . . . . . . . 7

8 Subtract line 7 from line 6. If zero or less, enter -0- . . . . . . . . . . . . . . . . . 8

9 Self-employment tax (see instructions) . . . . . . . . . . . . . . . . . . . . . 9

10 Other taxes (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . 10

11a Add lines 8 through 10 . . . . . . . . . . . . . . . . . . . . . . . . . . 11a

b Earned income credit, additional child tax credit, fuel tax credit, net premium tax credit, refundable

American opportunity credit, and section 1341 credit . . . . . . . . . . . . . . . . 11b

c Total 2024 estimated tax. Subtract line 11b from line 11a. If zero or less, enter -0- . . . . . . 11c

12a Multiply line 11c by 90% (662/3% for farmers and fishermen) . . . . . . 12a

b Required annual payment based on prior year’s tax (see instructions) . . . 12b

c Required annual payment to avoid a penalty. Enter the smaller of line 12a or 12b . . . . . . 12c

Caution: Generally, if you do not prepay (through income tax withholding and estimated tax payments) 

at least the amount on line 12c, you may owe a penalty for not paying enough estimated tax. To avoid

a penalty, make sure your estimate on line 11c 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 11c. For details, see chapter 2 of Pub. 505.

13 Income tax withheld and estimated to be withheld during 2024 (including income tax withholding on

pensions, annuities, certain deferred income, and Additional Medicare Tax withholding) . . . . . 13

14a Subtract line 13 from line 12c . . . . . . . . . . . . . . . . 14a

Is the result zero or less?

Yes. Stop here. You are not required to make estimated tax payments.

No. Go to line 14b.

b Subtract line 13 from line 11c . . . . . . . . . . . . . . . . 14b

Is the result less than $1,000?

Yes. Stop here. You are not required to make estimated tax payments.

No. Go to line 15 to figure your required payment.

15 If the first payment you are required to make is due April 15, 2024, enter 1⁄4 of line 14a (minus any

2023 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 . . . . . . . . . . . . . . . . 15

Form 1040-ES (2024) -8-
Record of Estimated Tax Payments (Farmers, fishermen, and fiscal 

year taxpayers, see Payment Due Dates.) Keep for Your Records Payment number

Payment 

due 

date

(a) Amount 

due

(b) Date 

paid

(c) Check or 

money order number, or 

credit or debit card 

confirmation number

(d) Amount paid 

(do not include 

any convenience fee) 

(e) 2023 

overpayment 

credit applied

(f) Total amount 

paid and credited 

(add (d) and (e))

1 4/15/2024

2 6/17/2024

3 9/16/2024

4 1/15/2025*

Total . . . . . . . . . . . . . . . . . . . . . . . . 

*You do not have to make this payment if you file your 2024 tax return by January 31, 2025, and pay the entire balance due with your return.

Privacy Act and Paperwork Reduction Act Notice. We ask for this 

information to carry out the tax laws of the United States. We need it to 

figure and collect the right amount of tax. Our legal right to ask for this 

information is Internal Revenue Code section 6654, which requires that 

you pay your taxes in a specified manner to avoid being penalized. 

Additionally, sections 6001, 6011, and 6012(a) and their regulations 

require you to file a return or statement for any tax for which you are 

liable; section 6109 requires you to provide your identifying number. 

Failure to provide this information, or providing false or fraudulent 

information, may subject you to penalties.

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 may disclose the information to the Department of Justice for civil 

and criminal litigation 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 territories 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. 

-9- Form 1040-ES (2024)
Need to make a payment?

Save time by paying online. Paying 

online is convenient and secure. The IRS offers easy ways to electronically pay your taxes.

Use Your 

Online Account 

(no fees)

• Go to www.irs.gov/Account to login 

and make a payment.

• Make a tax payment online directly 

from your checking or savings account.

• View your balance, payment plan 

details and options, digital copies of 

certain notices, and more.

Pay by 

Bank Account 

(no fees)

• Use Direct Pay online to make an 

individual tax payment from your 

checking or savings account without 

registration.

• Register for the Electronic Federal Tax 

Payment System (EFTPS) to make 

one-time or recurring payments from 

your checking or savings account.

• When you e-file with tax software or a 

tax professional, you can schedule an 

electronic funds withdrawal (EFW).

Pay by 

Card 

(processing fees apply)

• Pay online or by phone.

• When e-filing pay through tax 

preparation software.

• Processing fees go to a payment 

processor and limits apply. The IRS 

does not receive any fees.

Go to www.irs.gov/Payments for more details or to make a payment.

Separate here.

Form1040-ES

Department of the Treasury 

Internal Revenue Service 2024 Estimated Tax Payment 

Voucher 4 OMB No. 1545-0074

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 “United States Treasury.” Write your 

social security number and “2024 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.

Calendar year—Due Jan. 15, 2025

Amount of estimated tax you are paying 

by check or 

money order.

Pay online at

www.irs.gov/

etpay

Simple. 

Fast. 

Secure.

Print or type

Your first name and middle initial Your last name Your social security number

If joint payment, complete for spouse

Spouse’s first name and middle initial Spouse’s last name Spouse’s social security number

Address (number, street, and apt. no.)

City, town, or post office. If you have a foreign address, also complete spaces below. State ZIP code

Foreign country name Foreign province/county Foreign postal code

For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see instructions. Form 1040-ES (2024)

-10-
Form1040-ES

Department of the Treasury 

Internal Revenue Service 2024 Estimated Tax Payment 

Voucher 3 OMB No. 1545-0074

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 “United States Treasury.” Write your 

social security number and “2024 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.

Calendar year—Due Sept. 16, 2024

Amount of estimated tax you are paying 

by check or 

money order.

Pay online at

www.irs.gov/

etpay

Simple. 

Fast. 

Secure.

Print or type

Your first name and middle initial Your last name Your social security number

If joint payment, complete for spouse

Spouse’s first name and middle initial Spouse’s last name Spouse’s social security number

Address (number, street, and apt. no.)

City, town, or post office. If you have a foreign address, also complete spaces below. State ZIP code

Foreign country name Foreign province/county Foreign postal code

For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see instructions.

Separate here.

Form1040-ES

Department of the Treasury 

Internal Revenue Service 2024 Estimated Tax Payment 

Voucher 2 OMB No. 1545-0074

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 “United States Treasury.” Write your 

social security number and “2024 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.

Calendar year—Due June 17, 2024

Amount of estimated tax you are paying 

by check or 

money order.

Pay online at

www.irs.gov/

etpay

Simple. 

Fast. 

Secure.

Print or type

Your first name and middle initial Your last name Your social security number

If joint payment, complete for spouse

Spouse’s first name and middle initial Spouse’s last name Spouse’s social security number

Address (number, street, and apt. no.)

City, town, or post office. If you have a foreign address, also complete spaces below. State ZIP code

Foreign country name Foreign province/county Foreign postal code

For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see instructions.

Separate here.

Form1040-ES

Department of the Treasury 

Internal Revenue Service 2024 Estimated Tax Payment 

Voucher 1 OMB No. 1545-0074

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 “United States Treasury.” Write your 

social security number and “2024 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.

Calendar year—Due April 15, 2024

Amount of estimated tax you are paying 

by check or 

money order.

Pay online at

www.irs.gov/

etpay

Simple. 

Fast. 

Secure.

Print or type

Your first name and middle initial Your last name Your social security number

If joint payment, complete for spouse

Spouse’s first name and middle initial Spouse’s last name Spouse’s social security number

Address (number, street, and apt. no.)

City, town, or post office. If you have a foreign address, also complete spaces below. State ZIP code

Foreign country name Foreign province/county Foreign postal code

For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see instructions. Form 1040-ES (2024)

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