I have a situation where I may need to pay more after already filing Form 4868 for a extension. I’ll know soon. If so, do I just use software to print another 4th quarter 2021 1040-ES coupon…I’m not set up to do this online and will need to just mail a check. What’s the right way to do this?
It only takes a few minutes to set up an account with EFTPS, and if I recall correctly only a couple days to verify a bank account. I use it (far too) frequently.
Bruce
If you have an IRS account log on there and go to Payments, make a payment, and then choose Extension as payment type.
If you don’t have an IRS account or an EFTPS account, then just go to IRS.gov.
Search in upper right search box “Extension”
You will come to what I have copied below. 3 links will be highlighted in blue.
They are Direct Pay, EFTPS, or Credit, Debit Card to make an extension payment.
“Get an extension when you make a payment”
“You can also get an extension by paying all or part of your estimated income tax due and indicate that the payment is for an extension using Direct Pay, the Electronic Federal Tax Payment System (EFTPS), or a credit or debit card. This way you won’t have to file a separate extension form and you will receive a confirmation number for your records.”
Extension Forms by Filing Status
Individuals
Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return
Hope on of these work for you.
Already filed for an extension and paid. But now it appears that the actual tax due will be even more.
How do you pay, by check, not online, an ADDITIONAL amount AFTER filing an extension previously?
How do you pay, by check, not online, an ADDITIONAL amount AFTER filing an extension previously?
Generally, you don’t. The IRS is trying move everyone to electronic payments. When you search the IRS website for ‘make a payment’ this is the first page that comes up https://www.irs.gov/payments As you can see, it encourages electronic payments. If you click on the ‘Direct Pay’ link it will lead you to this page https://www.irs.gov/payments/direct-pay which has a link for ‘Types of Payments’ that leads you to this page https://www.irs.gov/payments/payment-options-available-throu… where one of the payment types that is offered is specifically for extensions and says Use IRS Direct Pay to make a full or partial payment on your taxes in order to receive an extension without having to file Form 4868. So that would be the suggested way for you to make your additional payment.
If you insist on mailing a check, way down at the bottom of the first page, there is a link for ‘check or money order’ which leads you to this page https://www.irs.gov/payments/pay-by-check-or-money-order Unfortunately, there isn’t any option for sending a check or money order without filing a form with it, and the IRS doesn’t have a form for ‘additional extension payment’. I suppose you could file another Form 4868, but I don’t know how much that would confuse things, or if both payments will be applied correctly.
AJ
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Already filed for an extension and paid. But now it appears that the actual tax due will be even more.
How do you pay, by check, not online, an ADDITIONAL amount AFTER filing an extension previously?
Your initial idea of using another estimated tax payment voucher should work. But it would be preferable to use Form 1040-V for that payment. That is the payment voucher IRS employees are used to seeing for 2021 payments at this point in the cycle of filings. Therefore, it is the most likely way to get things process correctly.
Form 1040-V is most commonly used for payment of the balance due when the return is filed, but it can also be used for making extension payments when the extension itself is requested electronically. It should work just fine for an extra payment after the extension and before the return is filed.
Rather than run around in your software looking for the form, here it is from the IRS.
https://www.irs.gov/pub/irs-pdf/f1040v.pdf
–Peter
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Form 1040-V is most commonly used for payment of the balance due when the return is filed, but it can also be used for making extension payments when the extension itself is requested electronically. It should work just fine for an extra payment after the extension and before the return is filed.
Rather than run around in your software looking for the form, here it is from the IRS.
https://www.irs.gov/pub/irs-pdf/f1040v.pdf
–Peter
This is what I wanted to know and sound like it’s the most likely to get properly applied to the correct tax year. I wonder what happens if I send extra tax now with 1040V and then use another 1040V if there is extra tax still in in October (which is unlikely)? I’m guessing that as long as the person processing applies the payment to the correct tax year it will all come out in the wash OK at the end.
Thank you for answering my question.
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I wonder what happens if I send extra tax now with 1040V and then use another 1040V if there is extra tax still in in October (which is unlikely)? I’m guessing that as long as the person processing applies the payment to the correct tax year it will all come out in the wash OK at the end.
The person processing the payment probably doesn’t have access to the records or care to know that a previous 1040V has been processed.
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Yeah, I’m giving the IRS too much credit. From everything we hear, it’s a completely antiquated system. I guess it’s all about just making sure that any payment is applied to the correct tax year.
Thanks again for those who helped here.
I wonder what happens if I send extra tax now with 1040V and then use another 1040V if there is extra tax still in in October (which is unlikely)?
The processors at the IRS will yawn, stick the check in the check scanner, run the 1040-V though their document scanner, yawn again, then give a cursory look at their screen to make sure there were no error messages from the scanning.
They can process as many 1040-Vs and checks as you care to mail them.
–Peter
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They can process as many 1040-Vs and checks as you care to mail them.
–Peter
THAT is the secret sauce that I wanted to know about. Thank you again.