how to pay quarterly taxes “ONLINE” (much easier once you know how): IRS estimated taxes direct pay

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Live Free

3 жыл бұрын

Change is always difficult, and the website is not particularly easy to navigate, but it is much faster and easier and cheaper to pay the quarterly taxes online. It’s nice because you get instant feedback that everything worked. If you go through the mail you have to wait for your certified return receipt to come back. Once you’ve used the online method a few times, you'll get more familiar with their system and it’ll run a little smoother.

Пікірлер: 94
@mereguido1244
@mereguido1244 2 жыл бұрын
homegirl really came through in my time of need. these articles explaining are so confusing. thank you ma'am!
@MisaRedd
@MisaRedd Жыл бұрын
Forreal forreal🎉
@alexdelara9858
@alexdelara9858 Жыл бұрын
Oh I take back my initial thoughts..... it seems I jumped the gun and enrolled in EFTPS too quick when all I needed was this video to clear the mud. Thank you.
@michaelbrown5645
@michaelbrown5645 3 жыл бұрын
This is so helpful. I'm a new business owner and all this stuff is very intimidating. I want to get ahead of my taxes not fall behind so learning taxes plus all the other duties that demand my attention all has been a headache and nightmare. I'll rest a little better now knowing I now have the information and knowledge to get ahead of all these apparent obligations😒
@user-sb2rz3cw3o
@user-sb2rz3cw3o 4 ай бұрын
Short and sweet! I went through 40 minute BS videos and was just looking for this!
@amandahagman9223
@amandahagman9223 2 жыл бұрын
Thank you!! I was scrambling to figure out HOW to make this payment. I looked all over, thank you for sharing this information!!!
@georgemckenna462
@georgemckenna462 3 жыл бұрын
"It's nice because you get instant feedback that everything worked." From the IRS directly! Your site deserves way more views!
@Rusty_Shakleford
@Rusty_Shakleford 2 жыл бұрын
Thank you live free! Finally paid my 4 months late 2nd quarter estimated taxes thanks to your video! Did not feel like hiring a tax person to do it for me like last time so I did not pay.... but I finally did now. Thanks again
@AntwoineMcknight1993
@AntwoineMcknight1993 3 жыл бұрын
Randomly had this in my recommend, your freaking amazing I was looking for this the other week.
@Datshit512
@Datshit512 3 жыл бұрын
Thank you so much. You are the only video I could find that went in such detail and visual detail. You are a life saver!
@amarie7467
@amarie7467 Жыл бұрын
Thank you! I have been stressing about this for a while!
@TheAdrien001
@TheAdrien001 2 жыл бұрын
Thank you for this very informative walk through! This was Devine timing for me seeing this, indeed! Thank you, thank you!!
@freethinker3083
@freethinker3083 Жыл бұрын
Simple and straight to the point! Thank you because this was stressing me tf out!! lol
@dylouacidplug
@dylouacidplug 2 жыл бұрын
EXACTLY WHAT THE PEOPLE NEEDED
@EricGreniervideo
@EricGreniervideo 2 жыл бұрын
Great simple guide! Thanks!!!
@SwtSunshineL8R
@SwtSunshineL8R Жыл бұрын
This was super helpful! Thank you so much!
@DwayneCasad
@DwayneCasad Жыл бұрын
Thank you for the video! Very informative!
@coleadamsmusic
@coleadamsmusic 2 жыл бұрын
What a great video! Incredibly helpful. Thank you!!🙂
@livefree6878
@livefree6878 2 жыл бұрын
👍👍
@carmencansino2379
@carmencansino2379 3 жыл бұрын
Thank you very much, very easy to understand :)
@giannab3174
@giannab3174 2 жыл бұрын
Thank you so much for the video!
@safetyhomeloans950
@safetyhomeloans950 3 жыл бұрын
Great video. Wish you would have kept going :)
@stealthuniversalproduction2729
@stealthuniversalproduction2729 Жыл бұрын
✨Thank you so much this really helped!!!!!✨
@Kickingit06
@Kickingit06 3 жыл бұрын
When you pay is a 1040 generated? Or does one have to make that for himself/herself?
@GirlieThePeriwinkle
@GirlieThePeriwinkle Жыл бұрын
I love it. Thank you
@kenseisato1989
@kenseisato1989 3 жыл бұрын
Thank you so much for confirming the, "The Year For Verification". I was so confused!
@totallypucked28
@totallypucked28 2 жыл бұрын
Hi, can this method be used as an employer? I am trying to pay estimated federal taxes for my son’s nanny, which I withhold from each paycheck. I have an employer number but it’s not clear on how to distinguish that I’m trying to pay taxes for my nanny.
@Xavier-J-M-X
@Xavier-J-M-X 2 жыл бұрын
Thank you miss.
@MxCarmilla
@MxCarmilla 2 жыл бұрын
Thank you so much!
@MELISSA-rp1wy
@MELISSA-rp1wy 3 жыл бұрын
this would be my first time having to do quarterly payments because this is my first year being self employed so what exactly would choosing a past tax year do for me???
@isaiahpeon5834
@isaiahpeon5834 3 жыл бұрын
Someone pls answer this 😩
@safetyhomeloans950
@safetyhomeloans950 3 жыл бұрын
If it’s your first year as self employed you are allowed NOT to file quarterly taxes. I’m NOT a tax expert but there is a CPA KZbinr that mentioned that. I’m just been the messenger. Look it up further .
@Rusty_Shakleford
@Rusty_Shakleford 2 жыл бұрын
@@safetyhomeloans950 I have heard that too. But I would not count on it so I decided to pay anyways.
@Miah1DTW
@Miah1DTW 2 жыл бұрын
I am in the same boat rn!! What did you end up doing?
@lloyddoradorm8718
@lloyddoradorm8718 11 ай бұрын
Thank you!
@bobb9709
@bobb9709 6 ай бұрын
Nice video! I used the Direct Pay method for the first time. The payment cleared my bank. I used the IRS Payment Lookup and it shows a Payment Status of "Orginated". Does this confirm that the IRS recevied the payment? Should I see another status such as "Confirmed" or "Received".
@thecalmwayhome8483
@thecalmwayhome8483 3 жыл бұрын
Thank you so much.🌷
@zaysplug4435
@zaysplug4435 Жыл бұрын
What If you never payed taxes before what date would you put for the tax year for verification.
@howarddavidson7880
@howarddavidson7880 10 ай бұрын
Do you get a verification number once you have completed your entry or how do you get a record showing you have paid a certain amount
@LA-qt3tr
@LA-qt3tr 25 күн бұрын
So how do we put the breakdown for federal, social security and Medicare amounts? Or this is done by thr IRS?
@dscream100
@dscream100 Жыл бұрын
Thank you!!
@jtoro97
@jtoro97 3 жыл бұрын
And when this is done, will the IRS provide me with a tax form or paperwork to file with my return, in case of overpayment? Will it be a digital file or mailed to me?
@MissWendy
@MissWendy 6 ай бұрын
Hero status!
@joehumeas7196
@joehumeas7196 3 жыл бұрын
Sorry if this is a stupid question, but do we need to pay federal estimated tax payments and state estimated tax payments? Or do we just pay one (4 times a year)? I assume you paid the federal estimated tax in the video to irs.gov. Do we also need to pay State estimated tax?
@joshkanyinda5569
@joshkanyinda5569 3 жыл бұрын
Your state and federal taxes are completely different. Your state might have a stagnant rate or a tax bracket or if your lucky, pay no state tax at all.
@notsure2912
@notsure2912 Жыл бұрын
what if i never paid taxes before? 1st time worker as an individual?
@kenseisato1989
@kenseisato1989 2 жыл бұрын
ok so I've been trying for 2 hrs now for my 4th quarter taxes and I'm having troubles with Verifying my Identity either by address or even SS#. anyone having this problem?
@hootie3851
@hootie3851 Жыл бұрын
How to Report 1/4 tax of Agency that's with held since 2019
@paulchomiak1318
@paulchomiak1318 2 жыл бұрын
You Rock!! Thanks
@livefree6878
@livefree6878 2 жыл бұрын
👍👍
@xfilesmanson
@xfilesmanson 2 жыл бұрын
Can I make an estimated payment if I've never filed a tax return?
@alexdelara9858
@alexdelara9858 Жыл бұрын
There is a catch-22 question..... they say "you can but you have to file the forms too" ... sorry, not helpful but hopefully you already figured it out.... or not and by this time, you will have filled for previous year and had to pay the actual taxes and the penalty but now you have the numbers and the stuff filed so you can get in "usual routine"
@ctg8563
@ctg8563 Жыл бұрын
Ive tried this and they dont list the current year only prior years.
@LA-qt3tr
@LA-qt3tr 25 күн бұрын
Am i required to mail the 1040ES if I pay it online?
@johnroberts3515
@johnroberts3515 2 жыл бұрын
Is there a fee for paying them "on-line"?
@tarachurch8894
@tarachurch8894 Ай бұрын
??? What if my husband died the previous year and now my income is different as well as the SS# being used? I cannot use previous year's account.
@nahya2331
@nahya2331 2 жыл бұрын
Thank u so much
@kurtsauers50
@kurtsauers50 9 ай бұрын
Is this for state taxes as well? Can someone direct me to NY state taxes for small business. Thank you
@lussan90v27
@lussan90v27 Жыл бұрын
I just scheduled my first payment for April. My question is do I need to follow the same steps for June,September and January payment or will they automatically take it out
@priscillahagua2788
@priscillahagua2788 Жыл бұрын
That’s a good question because I am about to pay mine on the 18th April and have 3 more installments to make in the future months. Was wondering the same thing.
@MonarchGuy974
@MonarchGuy974 9 ай бұрын
Thanks! How do I do itemized deductions? Is this also quarterly or at the end of the year?
@migmigmigmig3776
@migmigmigmig3776 7 ай бұрын
CIA starting more and more wars for us to pay all our tax dollars to….WONDERFUL!!!!! Thanks corrupt garbage congress and their puppet masters(military industrial complex, banksters, sick creep demon secret societies and unelected global government)
@NigerianJollof
@NigerianJollof 8 ай бұрын
Is this for business or personal?
@noka4033
@noka4033 Жыл бұрын
I'm still a little confused with the whole concept of quarterly payments. Do I have to pay quarterly payments on top of federal, state, and self-employed taxes? Or does quarterly payment cover federal tax so I can skip paying federal taxes?
@migmigmigmig3776
@migmigmigmig3776 7 ай бұрын
It’s all bull crap. Federal Reserve is a private business that isn’t even a part of the government. They print money anytime they want more, increasing our inflation more and more just so we can send all our tax dollars to fund foreign wars started by the CIA, funded on both sides of war by the banksters that charge interest, weapons manufacturers selling arms to both sides of war, and their puppet politicians that are owned by the bankers and Military Industrial Complex. We pay all these taxes for wars that siphon money into these peoples pockets instead of to our own country’s betterment. How does it feel paying all those taxes for a bunch of people who illegally invaded your country to have smart phones, free healthcare, free housing in hotels, free food, free transportation and much more. Open borders, wars, money laundering is what our government loves. Too bad nobody gives a f cause they are too brainwashed by the media that is controlled by the same people stealing your money and starting wars. F pieces of sh|t
@ericlakata9016
@ericlakata9016 Жыл бұрын
what if new business this year and no history?
@TheCupfulBoy
@TheCupfulBoy 3 жыл бұрын
Do I have to pay quarterly tax to my state(CA) as well at a different website?
@migmigmigmig3776
@migmigmigmig3776 7 ай бұрын
Yep, your gonna need to keep paying a lot of taxes if you want to help all those little boys cut their 🍆‘s off, and for all those little girls to cut off their bressts. Don’t forget you need to help send more money to open your borders so more drugs, crime, death, hiv/aids, child trafficking, weapons, and much much more amazing stuff your government is helping to facilitate entering into the country. If only we could pay even more taxes. Poor Biden, he just needs more taxes. If only we could give him more. How else is he going to keep up with paying all these illegal immigrants for their smartphones, free housing, free health care, free food, free transportation, free education, and much much more. Not to mention we need to pay more taxes because our government wants endless wars to launder money through. Over $4,000,000,000,000 isn’t enough to send to these foreign countries. If only we could send more. Can you help send some more, I just don’t know how we can afford for all these children to go on these field trips to perverted transvestites dancing on stripper poles for them… please send more money to government. Thankssss!!! 😊🎉
@marketbuy
@marketbuy 2 жыл бұрын
If I pay my 100ES quarterly taxes, how should I record these quarterly transactions in QB? Would it be 100ES “Expense”, or would it be Owners Withdraw? TIA!
@migmigmigmig3776
@migmigmigmig3776 7 ай бұрын
Are you ready for World War 3 and more false flag attacks perpetrated to brainwash public into accepting whatever narrative the CIA controlled media tells them to believe. Can’t wait for all these illegal immigrants to end up causing one of them to be a terrorist and they’ll do an attack and then our government will say, “Oh we need more tax dollars now and we need to strip more rights and we need to go to war with a new country”. Good thing we are doomed as a society with everyone getting their beliefs and opinions from a regurgitater of propaganda. Mmmm yummmy, I can almost taste the next war in the Middle East that we are going to be told we have to accept and fund. Just like Ukraine. Oh boy oh boy. 1 Billion dollars a day to Ukraine oh boy oh boy. Just love how much money laundering the elites get. So proud of them and how good they are at manipulating the population to go along with their plans. Good thing we have open borders. I definitely feel safe knowing a bunch of terrorists are sneaking into our country because everyone’s too dumb to care. Yayyy so fun. Whoopppeeee!!
@Frankie_Tentoes
@Frankie_Tentoes Жыл бұрын
UPDATE!!! The IRS just updated payment system and have created their very own free payment option called: Electronic Federal Tax Payment System (EFTPS)
@MrMezo47
@MrMezo47 11 ай бұрын
God bless you
@nerdkink
@nerdkink 3 жыл бұрын
Can you make an updated video? The site has changed.
@desireboggs9747
@desireboggs9747 3 жыл бұрын
No it hasn’t. I did exactly what she said 5 minutes ago and had all the same things she said in the video. I was able to pay mine 😁
@donwon3323
@donwon3323 2 жыл бұрын
Is there a way to set up and have it taken out weekly instead of logging in to pay quarterly
@yuioyup
@yuioyup 11 ай бұрын
They'd need to know how much you made
@MartinsonManufacturing
@MartinsonManufacturing 3 жыл бұрын
You rock, thank you!
@JesseJames_SCO
@JesseJames_SCO 2 жыл бұрын
We started a business in February of 2022 and only made 250 dollars in revenue, do we need to pay taxes on this amount? Thank you
@alexdelara9858
@alexdelara9858 Жыл бұрын
One of the statements in there says that the limit is $1000 ... so if you made less.......
@schoc13
@schoc13 Жыл бұрын
Great video! Is this saying I can pay directly to the IRS knowing i will probably owe the next year?? Yes definitely in excess of 1k
@alexdelara9858
@alexdelara9858 Жыл бұрын
Yep, that's correct . You can use this form www.irs.gov/pub/irs-pdf/f1040es.pdf to have a better idea - don't worry, this form is not to file and it's not super complicated- it is just to help you estimate the total tax for the year, then you make the quarterly payments.
@jfieser
@jfieser 3 жыл бұрын
Funny thing is my daughter is trying to pay her estimated taxes for Q1 2021, but she only started filing taxes in 2020, and they don't have 2020 in their Tax year Verification drop down yet. Hmmm. Means she can't may until they populate 2020 in the drop down? It can't be this hard to give them money:)
@kaiarneson3441
@kaiarneson3441 3 жыл бұрын
Same thing happened to me
@derekbrightbill5621
@derekbrightbill5621 3 жыл бұрын
I thought only the Spanish government made it hard to do anything online, I see its a general issue.
@kaotiqvisualz2.078
@kaotiqvisualz2.078 2 жыл бұрын
Ok so I can be a lil late on taxes"?
@juniorm7534
@juniorm7534 2 жыл бұрын
How do i know how much to pay ?
@alexdelara9858
@alexdelara9858 Жыл бұрын
www.irs.gov/pub/irs-pdf/f1040es.pdf use this form to figure that out......
@tarunk5743
@tarunk5743 2 жыл бұрын
Do let me know if anyone is looking for a free consultation from a tax expert of IRS also to see if you qualify for the "fresh start program".
@Eddi3xBac0n
@Eddi3xBac0n Жыл бұрын
what a waste of time. doesnt even say how much you owe or if you even owe. i do the door dash thing and tried to see the amounts i owe and they dont even say. they just want the money out of your bank account and no answers to what i want
@alexdelara9858
@alexdelara9858 Жыл бұрын
Welcome to the world of taxation.... taxation on your money.... you make money, Uncle Sam wants its share !!! Lucky for you, there are nice people who try to help but you have to help yourself... Fill in this form www.irs.gov/pub/irs-pdf/f1040es.pdf - it's not to file - it's just like a spreadsheet so you will know how much..... it's your way to say to the IRS that you expect to make this amount of money during the year... then you divide by 4 and there, you have how much you will pay every quarter.
@theshadow9878
@theshadow9878 3 жыл бұрын
Hello
@averythompkins3682
@averythompkins3682 8 ай бұрын
GOD loves you enough to send HIS only SON to save you and if you repent and turn from your sins and be baptized in THE NAME OF THE FATHER, THE SON and THE HOLY SPIRIT. ((if you haven't )
@compassionatepeercounseling
@compassionatepeercounseling Жыл бұрын
Thank you!
@zx4race31
@zx4race31 Жыл бұрын
Thank you!
Am I required to make quarterly estimated tax payments??
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