How Do I Make Estimated Tax Payments to the IRS?!

In this video, Alexander Efros, MBA, EA, CPA, CFP® from Efros Financial discusses the process of making federal estimated income tax payments online using the IRS Direct Pay tool.
IMPORTANT: The information presented in this video is not tax advice, tax analysis, or legal advice, and it should not be construed as either of these. Consult with a qualified tax and/or legal adviser prior to acting on any of the information presented in this video.
Efros Financial is a Los Angeles-based CPA firm providing financial planning and tax preparation/resolution services.
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Questions? Please feel free to reach out at [phone] or [e-mail].

[@SanJacinto23]

Very informative video and love your explaining style. Welcoming east coast vibe. I do have one question, what if I make a large unexpected stock capital gain in Q3 or Q4... do I just pay over the 25% estimated amount to make up for the quarters I didn't pay, because I wasn't anticipating any extra income???

[@allanc9472]

I have a question, if my Total Tax on line 24 for 2020 is zero, do I have to pay quarterly estimated tax regardless of how much I make this year 202? (even if I make a million dollars).

[@patrickaaron9555]

if capital gains are my only source of income do i pay quarterly taxes?

[@jessicasaurs]

Do you make estimated payment from business or personal account?

[@susanbowers247]

If we use a tax software like H&R Block or Turbo, with the estimated taxes we pay be transferred to next year's on line forms?

[@JasonScottCarter]

If you have a job with income, and a situation that requires estimated payments, how can you easily know how much your payment amount should be?

[@CGAZ66]

(subscribed) just found your videos. very informative...thank you. Question, ON a large sale of stock That I just did in 2021 do I need to pay the tax in full on the estimated tax or can i split it up in 4 payments during the year?

[@selvalooks]

Thanks for the explanation, i too have the same question. I have paid the estimated taxes, in the next tax filing how do i report i have paid this much tax in advance? im using online filing.

[@EfrosFinancial]

Hello there -- thank you for your question! The estimated federal and state income taxes that you paid for a particular tax year will be reflected on the respective income tax returns and will count towards your total payments (including withholdings) to increase your refund or reduce the amount which you will need to pay once you file your income tax returns.

[@joehumeas7196]

I live in Pennsylvania. Do I need to submit a federal estimated tax payment at irs.gov, and also mail a check for state estimated tax payment to PA Department of Revenue?

[@palolo13]

Hey 👋 I started to work for Uber in 2019 3month before 2020 I wanna no do I got to pay taxes on 2019 tax from and I made 1$589 net pay ??? Need help

[@princeabdou7369]

I filled my taxes and recieved my tax return March 11 and still never got a stimulus check. I'm not homeless. Someone message me

[@PacerTracer89]

peaking out the mic bro sounds awful!