Publication 505 - Tax Withholding and Estimated Tax

Publication 505

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Estimated Tax

There are several ways to pay estimated tax.

Credit an overpayment on your 2012 return to your 2013 estimated tax.
Pay by direct transfer from your bank account, or pay by credit or debit 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.

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Credit an Overpayment

If you show an overpayment of tax after completing your Form 1040 or Form 1040A for 2012, you can apply part or all of it to your estimated tax for 2013. On line 75 of Form 1040, or line 44 of Form 1040A, 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. If you timely file your 2012 return, treat the credit as a payment made on April 15, 2013.

If you are a beneficiary of an estate or trust, and the trustee elects to credit 2013 trust payments of estimated tax to you, you can treat the amount credited as paid by you on January 15, 2014.

If you choose to have an overpayment of tax credited to your estimated tax, you cannot have any of that amount refunded to you until you file your tax return for the following year. You also cannot use that overpayment in any other way.

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Example.(p33)

When Kathleen finished filling out her 2012 tax return, she saw that she had overpaid her taxes by $750. Kathleen knew she would owe additional tax in 2013. She credited $600 of the overpayment to her 2013 estimated tax and had the remaining $150 refunded to her.

In September, she amended her 2012 return by filing Form 1040X, Amended U.S. Individual Income Tax Return. It turned out that she owed $250 more in tax than she had thought. This reduced her 2012 overpayment from $750 to $500. Because the $750 had already been applied to her 2013 estimated tax or refunded to her, the IRS billed her for the additional $250 she owed, plus penalties and interest. Kathleen could not use any of the $600 she had credited to her 2013 estimated tax to pay this bill.

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Pay Online

Paying online is convenient and secure and helps make sure we get your payments on time. You can make your estimated tax payments online when you e-file or at any time during the year. You can pay using either of the following electronic payment methods.

Direct transfer from your bank account.
Credit or debit card.

To pay your taxes online or for more information, go to www.irs.gov/e-pay.

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Pay by Phone

Paying by phone is another safe and secure method of paying electronically. Use one of the following methods.

Direct transfer from your bank account.
Credit or debit card.

To pay by direct transfer from your bank account, call EFTPS Customer Service at 1-800-555-4477 (English), 1-800-244-4829 (Espanol), or TTY/TDD 1-800-733-4829.

To pay using a credit or debit card, you can call one of the following service providers. There is a convenience fee charged by these providers that varies by provider, card type, and payment amount.

Official Payments Corporation
1-888-UPAY-TAX^TM (1-888-872-9829)
www.officialpayments.com

Link2GOV Corporation
1-888-PAY-1040^TM (1-888-729-1040)
www.PAY1040.com

WorldPay
1-888-9-PAY-TAX^TM (1-888-972-9829)
www.payUSAtax.com

For the latest details on how to pay by phone, go to www.irs.gov/e-pay.

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Payment Voucher

Each payment of estimated tax by check or money order must be accompanied by a payment voucher from Form 1040-ES. If you use your own envelopes (and not the window envelope that comes with the 1040-ES package), make sure you mail your payment vouchers to the address shown in the Form 1040-ES instructions for the place where you live.

Do not use the address shown in the Form 1040 or Form 1040A instructions.

If you did not pay estimated tax last year, get a copy of Form 1040-ES from the IRS (see chapter 5). Follow the instructions in the package to make sure you use the vouchers correctly.

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If you file a joint return and are making joint estimated tax payments, enter the names and social security numbers on the payment voucher in the same order as they will appear on the joint return.

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You must notify the IRS if you are making estimated tax payments and you changed your address during the year. Send a clear and concise written statement to the Internal Revenue Service Center where you filed your last return and provide all of the following information.

Your full name (and your spouse's full name).
Your signature (and spouse's signature).
Your old address (and spouse's old address if different).
Your new address.
Your social security number (and spouse's social security number).

You can use Form 8822, Change of Address, for this purpose.

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Worksheets for Chapter 2

Use the following worksheets and tables to figure your correct estimated tax.

IF you need...	THEN use...
2013 Tax Rate Schedules
the 2013 Estimated Tax Worksheet	Worksheet 2-1
to estimate your taxable social security and railroad retirement benefits—line 1 of ES Worksheet (or Annualized ES Worksheet (Worksheet 2-9))	Worksheet 2-2
to estimate your self-employment (SE) tax and your deduction for SE tax—lines 1 and 11 of ES Worksheet (lines 1 and 17 of Annualized ES Worksheet (Worksheet 2-9))	Worksheet 2-3
to estimate your standard deduction—line 2 of ES Worksheet (line 7 of Annualized ES Worksheet (Worksheet 2-9))	Worksheet 2-4
to reduce your itemized deductions because your estimated AGI is more than $300,000 if married filing jointly or qualifying widow(er), $275,000 if head of household, $250,000 if single, and $150,000 if married filing separately—line 2 of ES Worksheet	Worksheet 2-5
to reduce your exemption amount because your estimated AGI is more than $300,000 if married filing jointly or qualifying widow(er), $275,000 if head of household, $250,000 if single, and $150,000 if married filing separately—line 4 of ES Worksheet	Worksheet 2-6
to estimate your income tax if line 1 of your ES Worksheet includes a net capital gain or qualified dividends—line 6 of ES Worksheet	Worksheet 2-7
to estimate your income tax if you expect to claim a foreign earned income exclusion or foreign housing exclusion or deduction on Form 2555 or Form 2555-EZ—line 6 of ES Worksheet	Worksheet 2-8
the 2013 Annualized Estimated Tax Worksheet (Annualized ES Worksheet)	Worksheet 2-9
to reduce your itemized deductions because your estimated annualized AGI is more than $300,000 if married filing jointly or qualifying widow(er), $275,000 if head of household, $250,000 if single, and $150,000 if married filing separately—line 6 of Annualized ES Worksheet	Worksheet 2-10
to reduce your exemption amount because your estimated annualized AGI is more than $300,000 if married filing jointly or qualifying widow(er), $275,000 if head of household, $250,000 if single, and $150,000 if married filing separately—line 10 of Annualized ES Worksheet	Worksheet 2-11
to estimate your income tax if line 1 of your Annualized ES Worksheet includes a net capital gain or qualified dividends—line 12 of Annualized ES Worksheet	Worksheet 2-12
to estimate your income tax if you expect to claim a foreign earned income exclusion or foreign housing exclusion or deduction on Form 2555 or Form 2555-EZ—line 12 of Annualized ES Worksheet	Worksheet 2-13
to refigure (amend) your estimated tax during the year	Worksheet 2-14

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2013 Tax Rate Schedules

Do not use these Tax Rate Schedules to figure your 2012 taxes. Use them only to figure your 2013 estimated taxes.

Schedule X—Use if your 2013 filing status is Single						Schedule Z—Use if your 2013 filing status is Head of household
If line 5 is:		The tax is:				If line 5 is:		The tax is:
Over—	But not over—				of the amount over—	Over—	But not over—				of the amount over—
$0	$8,925			10%	$0	$0	$12,750			10%	$0
8,925	36,250	$892.50	+	15%	8,925	12,750	48,600	$1,275.00	+	15%	12,750
36,250	87,850	4,991.25	+	25%	36,250	48,600	125,450	6,652.50	+	25%	48,600
87,850	183,250	17,891.25	+	28%	87,850	125,450	203,150	25,865.00	+	28%	125,450
183,250	398,350	44,603.25	+	33%	183,250	203,150	398,350	47,621.00	+	33%	203,150
398,350	400,000	115,586.25	+	35%	398,350	398,350	425,000	112,037.00	+	35%	398,350
400,000	- - - - - -	116,163.75	+	39.6%	400,000	425,000	- - - - - -	121,364.50	+	39.6%	425,000
Schedule Y-1—Use if your 2013 filing status is Married filing jointly or Qualifying widow(er)						Schedule Y-2—Use if your 2013 filing status is Married filing separately
If line 5 is:		The tax is:				If line 5 is:		The tax is:
Over—	But not over—				of the amount over—	Over—	But not over—				of the amount over—
$0	$17,850			10%	$0	$0	$8,925			10%	$0
17,850	72,500	$1,785.00	+	15%	17,850	8,925	36,250	$892.50	+	15%	8,925
72,500	146,400	9,982.50	+	25%	72,500	36,250	73,200	4,991.25	+	25%	36,250
146,400	223,050	28,457.50	+	28%	146,400	73,200	111,525	14,228.75	+	28%	73,200
223,050	398,350	49,919.50	+	33%	223,050	111,525	199,175	24,959.75	+	33%	111,525
398,350	450,000	107,768.50	+	35%	398,350	199,175	225,000	53,884.25	+	35%	199,175
450,000	- - - - - -	125,846.00	+	39.6%	450,000	225,000	- - - - - -	62,923.00	+	39.6%	225,000

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Worksheet 2-1. 2013 ES Worksheet from the Instructions for 2013 Form 1040-ES

When this worksheet refers you to instructions, you can find those instructions in the Instructions
for 2013 Form 1040-ES.
2013 Estimated Tax Worksheet

1	Adjusted gross income you expect in 2013 (see instructions)			1
2	If you plan to itemize deductions, enter the estimated total of your itemized deductions. Caution: If line 1 is over $300,000 if married filing jointly or qualifying widow(er); $275,000 if head of household; $250,000 if single; and $150,000 if married filing separately, your deduction may be reduced. See Pub. 505 for details. If you do not plan to itemize deductions, enter your standard deduction.			2
3	Subtract line 2 from line 1			3
4	Exemptions. Multiply $3,900 by the number of personal exemptions. Caution: See Pub. 505 to figure the amount to enter if line 1 is over: $300,000 if married filing jointly or qualifying widow(er); $275,000 if head of household; $250,000 if single; and $150,000 if married filing separately			4
5	Subtract line 4 from line 3			5
6	Tax. Figure your tax on the amount on line 5 by using the 2013 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 chapter 2 of Pub. 505 to figure the tax			6
7	Alternative minimum tax from Form 6251 or included on Form 1040A, line 28			7
8	Add lines 6 and 7. Add to this amount any other taxes you expect to include in the total on Form 1040, line 44			8
9	Credits (see instructions). Do not include any income tax withholding on this line			9
10	Subtract line 9 from line 8. If zero or less, enter -0-			10
11	Self-employment tax (see instructions)			11
12	Other taxes including, if applicable, Additional Medicare Tax and/or NIIT (see instructions)			12
13a	Add lines 10 through 12			13a
b	Earned income credit, additional child tax credit, fuel tax credit, refundable American opportunity credit, and refundable credit from Form 8885			13b
c	Total 2013 estimated tax. Subtract line 13b from line 13a. If zero or less, enter -0-		▶	13c
14a	Multiply line 13c by 90% (662/3% for farmers and fishermen)	14a
b	Required annual payment based on prior year's tax (see instructions)	14b
c	Required annual payment to avoid a penalty. Enter the smaller of line 14a or 14b		▶	14c
	Caution: Generally, if you do not prepay (through income tax withholding and estimated tax payments) at least the amount on line 14c, you may owe a penalty for not paying enough estimated tax. To avoid a penalty, make sure your estimate on line 13c 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 13c. For details, see chapter 2 of Publication 505.

15	Income tax withheld and estimated to be withheld during 2013 (including income tax withholding on pensions, annuities, certain deferred income, etc.)			15
16a	Subtract line 15 from line 14c	16a
	Is the result zero or less? □ Yes. Stop here. You are not required to make estimated tax payments. □ No. Go to line 16b.
b	Subtract line 15 from line 13c	16b
	Is the result less than $1,000? □ Yes. Stop here. You are not required to make estimated tax payments. □ No. Go to line 17 to figure your required payment.

17	If the first payment you are required to make is due April 15, 2013, enter ¼ of line 16a (minus any 2012 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			17

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Worksheet 2-2. 2013 Estimated Tax Worksheet—Line 1
Estimated Taxable Social Security and Railroad Retirement Benefits

*Note*. If you are using this worksheet to estimate your taxable social security or railroad retirement benefits for Worksheet 2-9, 2013 Annualized Estimated Tax Worksheet, multiply the expected amount of benefits for each period by the annualization amount on line 2 for the same period before entering it on line 1 below.

1.	Enter your expected social security and railroad retirement benefits	1.
2.	Enter one-half of line 1	2.
3.	Enter your expected total income. Do not include any social security and railroad retirement benefits, nontaxable interest income, nontaxable IRA distributions, or nontaxable pension distributions	3.
4.	Enter your expected nontaxable interest income	4.
5.	Enter (as a positive amount) the total of any expected exclusions or deductions for: U.S. savings bond interest used for higher education expenses (Form 8815) Employer-provided adoption benefits (Form 8839) Foreign earned income or housing (Form 2555 or 2555-EZ) Income by bona fide residents of American Samoa (Form 4563) or Puerto Rico	5.
6.	Add lines 2, 3, 4, and 5	6.
7.	Enter your expected adjustments to income. Do not include any student loan interest deduction, tuition and fees deduction, or domestic production activities deduction	7.
8.	Subtract line 7 from line 6. If zero or less, stop here. Do not include any social security or railroad retirement benefits in the amount on line 1 of your 2013 Estimated Tax Worksheet (or Annualized Estimated Tax Worksheet (Worksheet 2-9))	8.
9.	Enter $25,000 ($32,000 if you expect to file married filing jointly; $0 if you expect to file married filing separately and expect to live with your spouse at any time during the year)	9.
10.	Subtract line 9 from line 8. If zero or less, stop here. Do not include any social security or railroad retirement benefits in the amount on line 1 of your 2013 Estimated Tax Worksheet (or Annualized Estimated Tax Worksheet (Worksheet 2-9))	10.
11.	Enter $9,000 ($12,000 if you expect to file married filing jointly; $0 if you expect to file married filing separately and expect to live with your spouse at any time during the year)	11.
12.	Subtract line 11 from line 10. If zero or less, enter -0-	12.
13.	Enter the smaller of line 10 or line 11	13.
14.	Enter one-half of line 13	14.
15.	Enter the smaller of line 2 or line 14	15.
16.	Multiply line 12 by 85% (.85). If line 12 is zero, enter -0-	16.
17.	Add lines 15 and 16	17.
18.	Multiply line 1 by 85% (.85)	18.
19.	Enter the smaller of line 17 or line 18	19.
20.	Expected taxable social security and railroad retirement benefits for the period. Divide line 19 by the annualization amount on line 2 for the same period and enter here. Include this amount in the total on line 1 of your 2013 Estimated Tax Worksheet (or Annualized Estimated Tax Worksheet (Worksheet 2-9))	20.

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Worksheet 2-3. 2013 Estimated Tax Worksheet—Lines 1 and 11
Estimated Self-Employment Tax and Deduction Worksheet

1.	a.	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)	1b.
2.		Subtract line 1b from line 1a	2.
3.		Multiply line 2 by 92.35% (.9235). If less than $400, do not complete this worksheet; you will not owe self-employment tax on your expected net earnings from self-employment	3.
4.		Multiply line 3 by 2.9% (.029)			4.
5.		Maximum income subject to social security tax	5.	$113,700
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% (.124)			9.
10.		Add line 4 and line 9. Enter the result here and on line 11 of your 2013 Estimated Tax Worksheet (or line 17 of the Annualized Estimated Tax Worksheet (Worksheet 2-9))			10.
11.		Multiply line 10 by 50% (.50). This is your expected deduction for self-employment tax on Form 1040, line 27. Subtract this amount when figuring your expected AGI on line 1 of your 2013 Estimated Tax Worksheet (or Annualized Estimated Tax Worksheet (Worksheet 2-9))	11.

*Your net profit from self-employment is found on Schedule C, line 31; Schedule F, line 34; Schedule K-1 (Form 1065), box 14, code A; and Schedule K-1 (Form 1065-B), box 9, code J1.

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Worksheet 2-4. 2013 Estimated Tax Worksheet—Line 2
Standard Deduction Worksheet

Caution. Do not complete this worksheet if you expect your spouse to itemize on a separate return or you expect to be a dual-status alien. In either case, your standard deduction will be zero.
1.	Enter the amount shown below for your filing status.
	• Single or married filing separately—$6,100
	• Married filing jointly or Qualifying widow(er)—$12,200
	• Head of household—$8,950			1.
2.	Can you (or your spouse if filing jointly) be claimed as a dependent on someone else's return?
		No.	Skip line 3; enter the amount from line 1 on line 4.
		Yes.	Go to line 3.
3.	Is your earned income* more than $650?
		Yes.	Add $350 to your earned income. Enter the total.
		No.	Enter $1,000	3.
4.	Enter the smaller of line 1 or line 3				4.
5.	Were you (or your spouse if filing jointly) born before January 2, 1949, or blind?
		No.	Go to line 6.
		Yes.	Check if:
			a. You were Born before January 2, 1949 Blind
			b. Your spouse was Born before January 2, 1949 Blind
			c. Total boxes checked in 5a and 5b
		▶	Multiply $1,200 ($1,500 if single or head of household) by the number in the box on line 5c		5.
6.	Standard deduction. Add lines 4 and 5. Enter the result here and on line 2 of your 2013 Estimated Tax Worksheet (or line 7 of your 2013 Annualized Estimated Tax Worksheet (Worksheet 2-9))				6.

* Earned income includes wages, salaries, tips, professional fees, and other compensation received for personal services you performed. It also includes any amount received as a scholarship that you must include in your income. Reduce your earned income by your allowed deduction for self-employment tax (Worksheet 2-3, line 11).

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Worksheet 2-5. 2013 Estimated Tax Worksheet—Line 2
Phaseout of Itemized Deductions

1.	Enter the estimated total of your itemized deductions	1.
2.	Enter the total amount included on line 1 above for medical and dental expenses, investment interest expense, casualty or theft losses of personal use property, casualty and theft losses from income-producing property, and gambling losses	2.
3.	Is the amount on line 2 less than the amount on line 1? ❑ No. Stop here. Your deduction is not limited. Enter the amount on line 1 above on line 2 of the Estimated Tax Worksheet. ❑ Yes. Subtract line 2 from line 1.	3.
4.	Multiply line 3 by 80%	4.
5.	Enter the amount from line 1 of the 2013 Estimated Tax Worksheet	5.
6.	Enter $300,000 if married filing jointly or qualifying widow(er), $275,000 if head of household, $250,000 if single, $150,000 if married filing separately	6.
7.	Is the amount on line 6 less than the amount on line 5? ❑ No. Stop here. Your deduction is not limited. Enter the amount on line 1 above on line 2 of the Estimated Tax Worksheet. ❑ Yes. Subtract line 6 from line 5.	7.
8.	Multiply line 7 by 3% (.03)	8.
9.	Enter the smaller of line 4 or line 8	9.
10.	Total Itemized Deductions. Subtract line 9 from line 1. Enter the result here and on line 2 of your 2013 Estimated Tax Worksheet	10.

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Worksheet 2-6. 2013 Estimated Tax Worksheet—Line 4
Reduction of Exemption Amount

1.	Multiply $3,900 by the number of exemptions you plan to claim	1.
2.	Enter the amount from line 1 of your 2013 Estimated Tax Worksheet	2.
3.	Enter $250,000 if single, $300,000 if married filing jointly or qualifying widow(er), $150,000 if married filing separately, or $275,000 if head of household	3.
4.	Subtract line 3 from line 2	4.
5.	Is line 4 more than $122,500 (more than $61,250 if married filing separately)? ❑ Yes. You can not take a deduction for exemptions. ❑ No. Divide line 4 by $2,500 ($1,250 if married filing separately). If the result is not a whole number, increase it to the next highest whole number (for example, increase 0.0004 to 1)	5.
6.	Multiply line 5 by 2% (.02). Enter the result as a decimal	6.
7.	Multiply line 1 by line 6	7.
8.	Subtract line 7 by line 1. Enter the result here and on line 4 of your 2013 Estimated Tax Worksheet.	8.

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Worksheet 2-7. 2013 Estimated Tax Worksheet—Line 6
Qualified Dividends and Capital Gain Tax Worksheet


1.	Enter the amount from the appropriate worksheet. Line 5 of your 2012 Estimated Tax Worksheet Line 3 of Worksheet 2-8 (use if you will exclude or deduct foreign earned income or housing)			1.
2.	Enter your qualified dividends expected for 2013¹	2.
3.	Enter your net capital gain expected for 2013¹	3.
4.	Add lines 2 and 3		4.
5.	Enter your 28% rate gain or loss expected for 2013²	5.
6.	Enter your unrecaptured section 1250 gain expected for 2013	6.
7.	Add lines 5 and 6	7.
8.	Enter the smaller of line 3 or line 7		8.
9.	Subtract line 8 from line 4			9.
10.	Subtract line 9 from line 1. If zero or less, enter -0-		10.
11.	Enter the smaller of line 1 or $72,500 ($36,250 if single or married filing separately, or $48,600 if head of household)	11.
12.	Enter the smaller of line 10 or line 11	12.
13.	Subtract line 4 from line 1. If zero or less, enter -0-	13.
14.	Enter the larger of line 12 or line 13			14.
	Note. If line 11 and line 12 are the same, skip line 15 and go to line 16.
15.	Subtract line 12 from line 11. This is the amount taxed at 0%			15.
	Note. If lines 1 and 11 are the same, skip lines 16 through 28 and go to line 29.
16.	Enter the smaller of line 1 or line 9		16.
17.	Enter the amount from line 15. If line 15 is blank, enter -0-		17.
18.	Subtract line 17 from line 16. If zero or less, enter -0-			18.
19.	Enter $400,000 if single, $225,000 if married filing separately, $450,000 if married filing jointly or qualifying widow(er), or $425,000 if head of household				19.
20.	Enter the smaller of line 1 or line 19		20.
21.	Add lines 14 and 15	21.
22.	Subtract line 21 from line 20, if zero or less enter -0-	22.
23.	Enter the smaller of line 18 or line 22			23.
24.	Multiply line 23 by 15%				24.
25.	Add line 17 and line 23. If lines 1 and 25 are the same skip lines 26 and 27 and go to line 38, otherwise go to line 26		25.
26.	Subtract line 25 from line 16		26.
27.	Multiply line 26 by 20%				27.
28.	Enter the smaller of line 3 or line 6		28.
29.	Add lines 4 and 14	29.
30.	Enter the amount from line 1 above	30.
31.	Subtract line 30 from line 29. If zero or less, enter -0-		31.
32.	Subtract line 31 from line 28. If zero or less, enter -0-			32.
33.	Multiply line 32 by 25% (.25)				33.
	Note. If line 5 is zero or blank, skip lines 34 through 36 and go to line 37.
34.	Add lines 14, 15, 23, 26, and 32			34.
35.	Subtract line 34 from line 1			35.
36.	Multiply line 35 by 28% (.28)				35.
37.	Figure the tax on the amount on line 14 from the 2013 Tax Rate Schedules				37.
38.	Add lines 24, 27, 33, 36, and 37				38.
39.	Figure the tax on the amount on line 1 from the 2013 Tax Rate Schedules				39.
40.	Tax on all taxable income (including capital gains and qualified dividends). Enter the smaller of line 38 or line 39 here and on line 6 of the 2013 Estimated Tax Worksheet (or line 4 of Worksheet 2-8)				40.
¹ If you expect to deduct investment interest expense, do not include on this line any qualified dividends or net capital gain that you will elect to treat as investment income. ² This includes a section 1202 exclusion from eligible gain on qualified small business stock and gain or loss from the sale or exchange of collectibles. See the Instructions for Schedule D (Form 1040) for more information.

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Worksheet 2-8. 2013 Estimated Tax Worksheet—Line 6
Foreign Earned Income Tax Worksheet

*Before you begin:* If line 5 of your 2013 Estimated Tax Worksheet is zero, do not complete this worksheet.

1.	Enter the amount from line 5 of your 2013 Estimated Tax Worksheet	1.
2.	Enter the total foreign earned income and housing amount you (and your spouse if filing jointly) expect to exclude or deduct in 2013 on Form 2555 or Form 2555-EZ	2.
3.	Add lines 1 and 2	3.
4.	Tax on the amount on line 3. Use the 2013 Tax Rate Schedules or Worksheet 2-7,* as appropriate	4.
5.	Tax on the amount on line 2. Use the 2013 Tax Rate Schedules	5.
6.	Subtract line 5 from line 4. Enter the result here and on line 6 of your 2013 Estimated Tax Worksheet. If zero or less, enter -0-	6.

*If using Worksheet 2-7 (Qualified Dividends and Capital Gain Tax Worksheet), enter the amount from line 3 above on line 1 of Worksheet 2-7. Complete Worksheet 2-7 through line 9. Next, determine if you have a capital gain excess.
Figuring capital gain excess. To find out if you have a capital gain excess, subtract line 5 of your 2013 Estimated Tax Worksheet from line 9 of Worksheet 2-7. If the result is more than zero, that amount is your capital gain excess.
*No capital gain excess*. If you do not have a capital gain excess, complete the rest of Worksheet 2-7 according to its instructions. Then complete lines 5 and 6 above.
*Capital gain excess*. If you have a capital gain excess, complete a second Worksheet 2-7 as instructed above but in its entirety and with the following additional modifications. Then complete lines 5 and 6 above.
	Make these modifications only for purposes of filling out Worksheet 2-8.
	a. Reduce (but not below zero) the amount you otherwise would enter on line 3 of Worksheet 2-7 by your capital gain excess.
	b. Reduce (but not below zero) the amount you otherwise would enter on line 2 of Worksheet 2-7 by any of your capital gain excess not used in (a) above.
	c. Reduce (but not below zero) the amount you otherwise would enter on line 5 of Worksheet 2-7 by your capital gain excess.
	d. Reduce (but not below zero) the amount you otherwise would enter on line 6 of Worksheet 2-7 by your capital gain excess.

taxmap/pubs/p505-015.htm#en_us_publink1000194749

Worksheet 2-9. 2013 Annualized Estimated Tax Worksheet

Note. For instructions, see Annualized Income Installment Method.

Section A (For Figuring Your Annualized Estimated Tax Payments) —Complete each column after end of period shown.
Estates and trusts: Use the following ending dates in columns (a) through (d): 2/28/2013, 4/30/2013, 7/31/2013, 11/30/2013.			(a) 1/1/13-3/31/13	(b) 1/1/13-5/31/13	(c) 1/1/13-8/31/13	(d) 1/1/13-12/31/13
1	Adjusted gross income (AGI) for each period (see instructions). Estates and trusts, enter your taxable income without your exemption for each period. Self-employed: Complete Section B first	1
2	Annualization amounts. (Estates and trusts, see instructions)	2	4	2.4	1.5	1
3	Annualized income. Multiply line 1 by line 2	3
4	If you itemize, enter itemized deductions for period shown in the column headings (see instructions). All others, enter -0- and skip to line 7. Exception: Estates and trusts, skip to line 9 and enter amount from line 3	4
5	Annualization amounts	5	4	2.4	1.5	1
6	Multiply line 4 by line 5 (see instructions and Worksheet 2-10 if line 3 is more than $300,000 if married filing jointly or qualifying widow(er), $275,000 if head of household, $250,000 if single, and $150,000 if married filing separately)	6
7	Standard deduction from Worksheet 2-4	7
8	Enter the larger of line 6 or line 7	8
9	Subtract line 8 from line 3	9
10	In each column, multiply $3,900 by your total expected number of exemptions (see instructions and Worksheet 2-11 if line 3 is more than $300,000 if married filing jointly or qualifying widow(er), $275,000 if head of household, $250,000 if single, and $150,000 if married filing separately). (Estates and trusts, see instructions)	10
11	Subtract line 10 from line 9. If zero or less, enter -0-	11
12	Figure your tax on the amount on line 11 (see instructions)	12
13	For each period, enter any tax from Forms 8814, 4972, and 6251. Also include any recapture of education credits (see instructions)	13
14	Add lines 12 and 13	14
15	Enter nonrefundable credits for each period (see instructions)	15
16	Subtract line 15 from line 14	16
17	Self-employment tax from line 41 of Section B	17
18	Enter other taxes for each period, including, if applicable, Additional Medicare Tax and/or NIIT (see instructions)	18
19	Total tax. Add lines 16, 17, and 18	18
20	Enter refundable credits for each period (see instructions for type of credits allowed). Do not include any income tax withholding on this line	20
21	Subtract line 20 from line 19. If zero or less, enter -0-	21
22	Applicable percentage	22	22.5%	45%	67.5%	90%
23	Multiply line 21 by line 22	23
	*Complete lines 24 through 29 of one column before going to line 24 of the next column.*
24	Enter the total of the amounts in all previous columns of line 29	24
25	Annualized income installment. Subtract line 24 from line 23. If zero or less, enter -0-	25
26	Enter 25% (.25) of line 14c of the 2013 Form 1040-ES Estimated Tax Worksheet in each column	26
27	Subtract line 29 of the previous column from line 28 of that column	27
28	Add lines 26 and 27	28
29	Enter the smaller of line 25 or line 28 (see instructions)	29
30	Total required payments for the period. Add lines 24 and 29	30
31	Estimated tax payments made (line 32 of all previous columns) plus tax withholding through the due date for the period (see instructions)	31
32	Estimated tax payment required by the next due date. Subtract line 31 from line 30 and enter the result (but not less than zero) here and on your payment voucher	32

taxmap/pubs/p505-015.htm#en_us_publink1000194751

Worksheet 2-9. 2013 Annualized Estimated Tax Worksheet (Continued)

Section B (For Figuring Your Annualized Estimated Self-Employment Tax)—Complete each column after end of period shown.
(Form 1040 filers only)			(a) 1/1/13-3/31/13	(b) 1/1/13-5/31/13	(c) 1/1/13-8/31/13	(d) 1/1/13-12/31/13
33	Net earnings from self-employment for the period (see instructions)	33
34	Prorated social security tax limit	34	$28,425	$47,375	$75,800	$113,700
35	Enter actual wages for the period subject to social security tax or the 6.2% portion of the tier 1 railroad retirement tax. Exception: If you file Form 4137 or Form 8919, see instructions	35
36	Subtract line 35 from line 34. If zero or less, enter -0-	36
37	Annualization amounts	37	0.496	0.2976	0.186	0.124
38	Multiply line 37 by the smaller of line 33 or line 36	38
39	Annualization amounts	39	0.116	0.0696	0.0435	0.029
40	Multiply line 33 by line 39	40
41	Add lines 38 and 40. Enter the result here and on line 17 of Section A	41
42	Annualization amounts	42	8	4.8	3	2
43	Deduction for self-employment tax. Divide line 41 by line 42. Enter the result here. Use this result to figure your AGI on line 1	43

taxmap/pubs/p505-015.htm#en_us_publink1000194752

Worksheet 2-10. 2013 Annualized Estimated Tax Worksheet—Line 6 Phaseout of Itemized Deductions

1.	Enter line 4 of the 2013 Annualized ES Worksheet, Section A		1.
2.	Enter the total amount included on line 1 above for medical and dental expenses, investment interest, casualty or theft losses, and gambling losses (after applying the same limits used in line 1)		2.
3.	Subtract line 2 from line 1		3.
4.	Enter line 5 of the 2013 Annualized ES Worksheet, Section A		4.
5.	Multiply line 1 by line 4		5.
	Note. If line 3 is zero or less, your deduction is not limited. Stop here and enter line 5 above on line 6 of the 2013 Annualized ES Worksheet, Section A.
6.	Multiply line 3 by line 4		6.
7.	Multiply line 6 by 80%	7.
8.	Enter line 3 of the 2013 Annualized ES Worksheet, Section A	8.
9.	Enter $300,000 if married filing jointly or qualifying widow(er), $275,000 if head of household, $250,000 if single, $150,000 if married filing separately	9.
10.	Subtract line 9 from line 8.	10.
	Note. If line 10 is zero or less, your deduction is not limited. Stop here and enter line 5 above on line 6 of the 2013 Annualized ES Worksheet, Section A.
11.	Multiply line 10 by 3% (.03)	11.
12.	Enter the smaller of line 7 or line 11		12.
13.	Total Itemized Deductions. Subtract line 12 from line 5. Enter the result here and in the appropriate column of the 2013 Annualized ES Worksheet, Section A, line 6		13.

taxmap/pubs/p505-015.htm#en_us_publink1000194753

Worksheet 2-11. 2013 Annualized Estimated Tax Worksheet—Line 10 Reduction of Exemption Amount

1.	Multiply $3,900 by the number of exemptions you plan to claim		1.
2.	Enter line 3 of the 2013 Annualized ES Worksheet, Section A		2.
3.	Enter the amount shown below for your filing status: $250,000 if single, $300,000 if married filing jointly or qualifying widow(er), $150,000 if married filing separately, or $275,000 if head of household	3.
4.	Subtract line 3 from line 2	4.
5.	Is line 4 more than $122,500 (more than $61,250 if married filing separately)? ❑ Yes.You can not take a deduction for exemptions. ❑ No. Divide line 4 by $2,500 ($1,250 if married filing separately). If the result is not a whole number, increase it to the next highest whole number (for example, increase 0.0004 to 1)	5.
6.	Multiply line 5 by 2% (.02). Enter the result as a decimal		6.
7.	Multiply line 1 by line 6		7.
8.	Deduction for exemptions. Subtract line 7 from line 1. Enter the result here and in the appropriate column of the 2013 Annualized ES Worksheet, Section A, line 10		8.

taxmap/pubs/p505-015.htm#en_us_publink1000194754

Worksheet 2-12. 2013 Annualized Estimated Tax Worksheet—Line 12
Qualified Dividends and Capital Gain Tax Worksheet

*Note*. To figure the annualized entries for lines 2, 3, 5, and 6 below, multiply the expected amount for the period by the annualization amount on line 2 of Worksheet 2-9 for the same period.

1.	Enter the amount from the appropriate worksheet. Line 11 of your 2013 Annualized Estimated Tax Worksheet (Worksheet 2-9) Line 3 of Worksheet 2-13 (use if you will exclude or deduct foreign earned income or housing)			1.
2.	Enter your annualized qualified dividends expected for 2013¹	2.
3.	Enter your annualized net capital gain expected for 2013¹	3.
4.	Add lines 2 and 3		4.
5.	Enter your annualized 28% rate gain or loss expected for 2013²	5.
6.	Enter your annualized unrecaptured section 1250 gain expected for 2013	6.
7.	Add lines 5 and 6	7.
8.	Enter the smaller of line 3 or line 7		8.
9.	Subtract line 8 from line 4			9.
10.	Subtract line 9 from line 1. If zero or less, enter -0-		10.
11.	Enter the smaller of line 1 or $72,500 ($36,250 if single or married filing separately, or $48,600 if head of household)	11.
12.	Enter the smaller of line 10 or line 11	12.
13.	Subtract line 4 from line 1. If zero or less, enter -0-	13.
14.	Enter the larger of line 12 or line 13			14.
	Note. If line 11 and line 12 are the same, skip line 15 and go to line 16.
15.	Subtract line 12 from line 11. This is the amount taxed at 0%			15.
	Note. If lines 1 and 11 are the same, skip lines 16 through 28 and go to line 29.
16.	Enter the smaller of line 1 or line 9		16.
17.	Enter the amount from line 15. If line 15 is blank, enter -0-		17.
18.	Subtract line 17 from line 16. If zero or less, enter -0-			18.
19.	Enter $400,000 if single, $225,000 if married filing separately, $450,000 if married filing jointly or qualifying widow(er), or $425,000 if head of household				19.
20.	Enter the smaller of line 1 or line 19		20.
21.	Add lines 14 and 15	21.
22.	Subtract line 21 from line 20, if zero or less enter -0-	22.
23.	Enter the smaller of line 18 or line 22			23.
24.	Multiply line 23 by 15%				24.
25.	Add line 17 and line 23. If lines 1 and 25 are the same skip lines 26 and 27 and go to line 38, otherwise go to line 26		25.
26.	Subtract line 25 from line 16
27.	Multiply line 26 by 20%				27.
28.	Enter the smaller of line 3 or line 6		28.
29.	Add lines 4 and 14	29.
30.	Enter the amount from line 1 above	30.
31.	Subtract line 30 from line 29. If zero or less, enter -0-		31.
32.	Subtract line 31 from line 28. If zero or less, enter -0-			32.
33.	Multiply line 32 by 25% (.25)				33.
	Note. If line 5 is zero or blank, skip lines 34 through 36 and go to line 37.
34.	Add lines 14, 15, 23, 26, and 32			34.
35.	Subtract line 34 from line 1			35.
36.	Multiply line 35 by 28% (.28)				35.
37.	Figure the tax on the amount on line 14 from the 2013 Tax Rate Schedules				37.
38.	Add lines 24, 27, 33, 36, and 37				38.
39.	Figure the tax on the amount on line 1 from the 2013 Tax Rate Schedules				39.
40.	Tax on all taxable income (including capital gains and qualified dividends). Enter the smaller of line 38 or line 39 here and on line 12 of the appropriate column of the 2013 Annualized Estimated Tax Worksheet (or line 4 of Worksheet 2-13)				40.
¹ If you expect to deduct investment interest expense, do not include on this line any qualified dividends or net capital gain that you will elect to treat as investment income. ² This includes a section 1202 exclusion from eligible gain on qualified small business stock and gain or loss from the sale or exchange of collectibles. See the Instructions for Schedule D (Form 1040) for more information

taxmap/pubs/p505-015.htm#en_us_publink1000194755

Worksheet 2-13. 2013 Annualized Estimated Tax Worksheet—Line 12
Foreign Earned Income Tax Worksheet

*Before you begin:*		If line 11 of Worksheet 2-9 (2013 Annualized Estimated Tax Worksheet) is zero for the period, do not complete this worksheet.
1.	Enter the amount from line 11 of your 2013 Annualized Estimated Tax Worksheet for the period		1.
2.	Enter the annualized amount* of foreign earned income and housing amount you (and your spouse if filing jointly) expect to exclude or deduct for the period on Form 2555 or Form 2555-EZ		2.
3.	Add lines 1 and 2		3.
4.	Tax on the amount on line 3. Use the 2013 Tax Rate Schedules or Worksheet 2-12,** as appropriate		4.
5.	Tax on the amount on line 2. Use the 2013 Tax Rate Schedules		5.
6.	Subtract line 5 from line 4. Enter the result here and on line 12 of your 2013 Annualized Estimated Tax Worksheet (Worksheet 2-9). If zero or less, enter -0-		6.

* To figure the annualized amount for line 2, multiply the expected exclusion for the period by the annualization amount on line 2 of Worksheet 2-9 for the same period.
** If using Worksheet 2-12 (Qualified Dividends and Capital Gain Tax Worksheet), enter the amount from line 3 above on line 1 of Worksheet 2-12. Complete Worksheet 2-12 through line 9. Next, determine if you have a capital gain excess.
Figuring capital gain excess. To find out if you have a capital gain excess for the appropriate period, subtract line 11 of Worksheet 2-9 from line 9 of Worksheet 2-12. If the result is more than zero, that amount is your capital gain excess.
*No capital gain excess*. If you do not have a capital gain excess, complete the rest of Worksheet 2-12 according to its instructions. Then complete lines 5 and 6 above.
*Capital gain excess*. If you have a capital gain excess, complete a second Worksheet 2-12 as instructed above but in its entirety and with the following additional modifications. Then complete lines 5 and 6 above.
	Make these modifications only for purposes of filling out Worksheet 2-13.
	a. Reduce (but not below zero) the amount you otherwise would enter on line 3 of Worksheet 2-12 by your capital gain excess.
	b. Reduce (but not below zero) the amount you otherwise would enter on line 2 of Worksheet 2-12 by any of your capital gain excess not used in (a) above.
	c. Reduce (but not below zero) the amount you otherwise would enter on line 5 of Worksheet 2-12 by your capital gain excess.
	d. Reduce (but not below zero) the amount you otherwise would enter on line 6 of Worksheet 2-12 by your capital gain excess.

taxmap/pubs/p505-015.htm#en_us_publink1000194756

Worksheet 2-14. Amended Estimated Tax Worksheet


1.	Amended total estimated tax due		1.
2.	Multiply line 1 by:
	50% (.50) if next payment is due June 17, 2013
	75% (.75) if next payment is due September 16, 2013
	100% (1.00) if next payment is due January 15, 2014	2.
3.	Estimated tax payments made for all previous periods	3.
4.	Next required payment: Subtract line 3 from line 2 and enter the result (but not less than zero) here and on your payment voucher for your next required payment	4.
	Note. If the payment on line 4 is due January 15, 2014, stop here. Otherwise, go to line 5.
5.	Add lines 3 and 4		5.
6.	Subtract line 5 from line 1 and enter the result (but not less than zero)		6.
7.	Each following required payment: If the payment on line 4 is due June 17, 2013, enter one-half of the amount on line 6 here and on the payment vouchers for your payments due September 16, 2013, and January 15, 2014. If the amount on line 4 is due September 16, 2013, enter the full amount on line 6 here and on the payment voucher for your payment due January 15, 2014		7.

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How To Pay
Estimated Tax(p33)

Credit an Overpayment(p33)

Example.(p33)

Pay Online(p33)

Pay by Phone(p33)

Pay by Check or Money Order Using the Estimated Tax Payment Voucher(p33)

Joint estimated tax payments.(p34)

Change of address.(p34)

How To PayEstimated Tax(p33)

Credit an Overpayment(p33)

Example.(p33)

Pay Online(p33)

Pay by Phone(p33)

Pay by Check or Money Order Using the Estimated Tax Payment Voucher(p33)

Joint estimated tax payments.(p34)

Change of address.(p34)

How To Pay
Estimated Tax(p33)