Artículo Underpayment penalty.. Underpayment penalty.

id="en_US_2023_publink100032403"> Underpayment penalty. Under the regular installment method, if your estimated tax payment for any period is less than one-fourth of your estimated tax, you may be charged a penalty for underpayment of estimated tax for that period when you file your tax return. Under the annualized income installment method, your estimated tax payments vary with your income, but the amount required must be paid each period. See Instructions for Form 2210 for more information. Change in estimated tax. After you make an estimated tax payment, changes in your income, adjustments, deductions, or credits may make it necessary for you to refigure your estimated tax. Pay the unpaid balance of your amended estimated tax by the next payment due date after the change or in installments by that date and the due dates for the remaining payment periods. Estimated Tax Payments Not Required You don’t have to pay estimated tax if your withholding in each payment period is at least as much as: One-fourth of your required annual payment, or Your required annualized income installment for that period. You also don’t have to pay estimated tax if you will pay enough through withholding to keep the amount you owe with your return under $1,000. How To Pay Estimated Tax There are several ways to pay estimated tax. Credit an overpayment on your 2025 return to your 2026 estimated tax. Pay by direct transfer from your bank account, or pay by debit or credit card using a pay-by-phone system or the Internet. Send in your payment (check or money order) with a payment voucher from Form 1040-ES. Credit an Overpayment If you show an overpayment of tax after completing your Form 1040 or 1040-SR for 2025, you can apply part or all of it to your estimated tax for 2026. On line 36 of Form 1040 or 1040-SR, enter the amount you want credited to your estimated tax rather than refunded. Take the amount you have credited into account when figuring your estimated tax payments. You can’t have any of the amount you credited to your estimated tax refunded to you until you file your tax return for the following year. You also can’t use that overpayment in any other way. Pay Online The IRS offers an electronic payment option that is right for you. Paying online is convenient, 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 . You can pay using any of the following methods. IRS Direct Pay. For online transfers directly from your checking or savings account at no cost to you, go to IRS.gov/DirectPay . Pay by card or digital wallet. To pay by debit or credit card or digital wallet, go to IRS.gov/PayByCard . 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 funds withdrawal (EFW). This is an integrated e-file/ e-pay option offered only when filing your federal taxes electronically using tax preparation software, through a tax professional, or through the IRS at IRS.gov/EFW . 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/OPA . Once you complete the online process, you will receive immediate notification of whether your agreement has been approved. A user fee is charged. IRS2Go. This is the mobile application of the IRS. You can access IRS Direct Pay or pay by card by downloading the application. Electronic Federal Tax Payment System (EFTPS) This system allows you to pay your taxes online or by phone directly from your checking or savings 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 providers, or (2) use the 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. Link2Gov Corporation 888-PAY-1040 TM (888-729-1040) PAY1040.com ACI Payments, Inc. (formerly Official Payments) 888-UPAY-TAX TM (888-872-9829) fed.acipayonline.com EFTPS. To get more information about EFTPS or to enroll in EFTPS, go to 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 or 800-733-4829. Additional information about EFTPS is also available in Pub. 966. Pay by Mobile Device To pay through your mobile device, download the IRS2Go application. Pay by Cash Cash is an in-person payment option for individuals provided through retail partners. To make a cash payment, you must choose a payment processor online with ACI Payments, Inc. at fed.acipayonline.com or Pay1040.com , our official payment provider. For more information, go to IRS.gov/PayWithCash . 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 electronic payment options might be right for you. If you choose to mail in your payment, each payment of estimated tax by check or money order must be accompanied by a payment voucher from Form 1040-ES. During 2025, if you: Made at least one estimated tax payment but not by electronic means, Didn’t use software or a paid preparer to prepare or file your return, then you should receive a copy of the 2026 Form 1040-ES with payment vouchers. The enclosed payment vouchers will be preprinted with your name, address, and SSN. Using the preprinted vouchers will speed processing, reduce the chance of error, and help save processing costs. Use the window envelopes that came with your Form 1040-ES package. If you use your own envelopes, make sure you mail your payment vouchers to the address shown in the Form 1040-ES instructions for the place where you live. 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’ll need to spread the payment over two 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). Consider a method of payment other than check if the amount of the payment is over $100 million. Note: These criteria can change without notice. If you don’t receive a Form 1040-ES package and you are required to make an estimated tax payment, you should go to IRS.gov/Form1040ES and print a copy of Form 1040-ES that includes four blank payment vouchers. Complete one of these and make your payment timely to avoid penalties for paying late. . Don’t use the address shown in the Instructions for Form 1040 for your estimated tax payments. . If you didn’t pay estimated tax last year, you can order Form 1040-ES from the IRS (see the inside back cover of this publication) or download it from IRS.gov. Follow the instructions to make sure you use the vouchers correctly. Joint estimated tax payments. If you file a joint return and are making joint estimated tax payments, enter the names and SSNs on the payment vouchers in the same order as they will appear on the joint return. Change of address. You must notify the IRS if you are making estimated tax payments and you changed your address during the year. Complete Form 8822, Change of Address, and mail it to the address shown in the instructions for that form. Credit for Withholding and Estimated Tax for 2025 When you file your 2025 income tax return, take credit for all the income tax and excess social security or railroad retirement tax withheld from your salary, wages, pensions, etc. Also take credit for the estimated tax you paid for 2025. These credits are subtracted from your total tax. Because these credits are refundable, you should file a return and claim these credits, even if you don’t owe tax. Two or more employers. If you had two or more employers in 2025 and were paid wages of more than $176,100, too much social security or tier 1 railroad retirement tax may have been withheld from your pay. You may be able to claim the excess as a credit against your income tax when you file your return. See the Instructions for Form 1040 for more information. Withholding If you had income tax withheld during 2025, you should be sent a statement by February 2, 2026, showing your income and the tax withheld. Depending on the source of your income, you should receive: Form W-2; Form W-2G; or A form in the 1099 series. Forms W-2 and W-2G. If you file a paper return, always file Form W-2 with your income tax return. File Form W-2G with your return only if it shows any federal income tax withheld from your winnings. You should get at least two copies of each form. If you file a paper return, attach one copy to the front of your federal income tax return. Keep one copy for your records. You should also receive copies to file with your state and local returns. Form W-2 Your employer is required to provide or send Form W-2 to you no later than February 2, 2026. You should receive a separate Form W-2 from each employer you worked for. If you stopped working before the end of 2025, your employer could have given you your Form W-2 at any time after you stopped working. However, your employer must provide or send it to you by February 2, 2026. If you ask for the form, your employer must send it to you within 30 days after receiving your written request or within 30 days after your final wage payment, which