Form 770ES 2018 Virginia Estimated Income Tax Payment Vouchers for Estates, Trusts, and Unified Nonresidents - Virginia

Form 770ES is a Virginia Department of Taxation form also known as the "Virginia Estimated Income Tax Payment Vouchers For Estates, Trusts, And Unified Nonresidents". The latest edition of the form was released in January 1, 2018 and is available for digital filing.

Download an up-to-date fillable Form 770ES in PDF-format down below or look it up on the Virginia Department of Taxation Forms website.

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2018
VIRGINIA ESTIMATED INCOME TAX PAYMENT VOUCHERS
FOR ESTATES, TRUSTS, AND UNIFIED NONRESIDENTS
FORM 770ES
Form 770ES Vouchers and Instructions
Beginning with the first payment due on or after January 1, 2018, all fiduciary estimated income tax payments must be made
electronically. Use these vouchers only if you have an approved waiver. File and pay your estimated tax online using the
Department’s eForms. Complete the online version of Form 770ES by entering the tax information as you would if you were
completing a paper form. Payments are made electronically and you may schedule payments to be made on a future date.
Effective for taxable years beginning on or after January 1, 2017, Pass-Through Entities must submit all unified nonresident
income tax payments electronically if any payment exceeds $15,000 or the sum of all payments is expected to exceed
$60,000. This includes estimated, extension, and return payments.
Form 770ES is used to make estimated income tax payments. Filing is required only for estates, trusts and pass-through
entities filing a unified return for nonresident owners (unified nonresidents) whose income and net tax due exceed the
amounts specified in Section I. If you are required to make estimated income tax payments, but do not, you may be liable
for an additional charge, explained in Section VII. Information on when to file is in Section II.
Visit www.tax.virginia.gov.
I. FILING REQUIREMENTS - ESTATES, TRUSTS AND
FARMERS, FISHERMEN and MERCHANT SEAMEN
UNIFIED NONRESIDENTS
If the qualifications of a farmer, fisherman or merchant
If your Virginia income tax liability, after subtracting any
seaman are met, you only need to file Payment Voucher 4 by
allowable credits, is expected to be more than $150 and, in
January 15, 2019. If you file your 2018 income tax return on
the case of an estate, if the 2018 taxable year ends two or
or before March 1, 2019, and pay the entire tax at that time,
more years after the decedent’s death, then you must make
you are not required to file Form 770ES for 2018.
estimated income tax payments using Form 770ES.
FISCAL YEAR TAXPAYERS
An estate, trust or unified nonresident filer must use its
If you report income on a fiscal year basis, substitute the 15th
Federal Employer Identification Number (FEIN) in place of the
day of the 4th month for May 1, the 15th day of the 6th month
taxpayer’s Social Security Number. Do not use the decedent’s
for June 15, the 15th day of the 9th month for September 15
Social Security Number. If the FEIN has not been received,
and the 15th day of the 1st month of the succeeding taxable
enter “Applied for.” If you do not have a FEIN, you should
year for January 15. For example, if a taxpayer has a taxable
contact the Internal Revenue Service at 1-800-TAX-FORM
year that ends on June 30, the first Form 770ES return would
(1-800-829-3676) to obtain federal Form SS-4 (Application
be due on October 15. The remaining estimated payments
for Employer Identification Number).
would be due on December 15, March 15 and July 15 of the
Estates, trusts and unified nonresidents are not required to
succeeding taxable year. Indicate the beginning month of your
file Form 770ES if:
fiscal year in the space provided on the Form 770ES Voucher.
(a) in the case of an estate only, the 2018 taxable year
III. HOW TO ESTIMATE
ends less than two years after the death of the
You must pay at least 90% of your tax liability during the
decedent; or
year by having income tax withheld and/or making timely
(b) Virginia income tax can reasonably be expected to
payments of estimated tax. Worksheets are available on
be $150 or less for the 2018 taxable year.
the Department's website to help you determine if you are
required to file Form 770ES. Use the Tax Rate Schedule on
II. WHEN TO FILE
the following page for additional information and guidance,
File Form 770ES Payment Voucher 1 by May 1, 2018.
refer to the instructions for the return that you will file.
Estimated income tax payments must be made in full on or
If you are required to file Form 770ES, complete the form
before May 1, 2018, or in equal installments on or before May
using the payment amount from the Estimated Income Tax
1, 2018, June 15, 2018, September 15, 2018 and January
Worksheet. When filing each voucher, include your check or
15, 2019.
money order for the amount computed for the quarter.
When the last day on which a tax return may be filed or a
If your expected Virginia tax liability changes during the year,
tax may be paid falls on a Saturday, Sunday or legal holiday,
recompute your estimated tax to determine how much your
you may file and make payment without penalty or interest
remaining payments should increase or decrease. When
on the next succeeding business day.
making your next Form 770ES payment, enter the new
Complete the worksheet and make payments in accordance
amount of estimated income tax due for the quarter.
with the instructions on the vouchers. If you overpaid your
2017 income tax and chose to apply the overpayment to
your 2018 estimated income tax, that overpayment may be
partially or fully applied to any installment.
6201124
Rev. 06/17
2018
VIRGINIA ESTIMATED INCOME TAX PAYMENT VOUCHERS
FOR ESTATES, TRUSTS, AND UNIFIED NONRESIDENTS
FORM 770ES
Form 770ES Vouchers and Instructions
Beginning with the first payment due on or after January 1, 2018, all fiduciary estimated income tax payments must be made
electronically. Use these vouchers only if you have an approved waiver. File and pay your estimated tax online using the
Department’s eForms. Complete the online version of Form 770ES by entering the tax information as you would if you were
completing a paper form. Payments are made electronically and you may schedule payments to be made on a future date.
Effective for taxable years beginning on or after January 1, 2017, Pass-Through Entities must submit all unified nonresident
income tax payments electronically if any payment exceeds $15,000 or the sum of all payments is expected to exceed
$60,000. This includes estimated, extension, and return payments.
Form 770ES is used to make estimated income tax payments. Filing is required only for estates, trusts and pass-through
entities filing a unified return for nonresident owners (unified nonresidents) whose income and net tax due exceed the
amounts specified in Section I. If you are required to make estimated income tax payments, but do not, you may be liable
for an additional charge, explained in Section VII. Information on when to file is in Section II.
Visit www.tax.virginia.gov.
I. FILING REQUIREMENTS - ESTATES, TRUSTS AND
FARMERS, FISHERMEN and MERCHANT SEAMEN
UNIFIED NONRESIDENTS
If the qualifications of a farmer, fisherman or merchant
If your Virginia income tax liability, after subtracting any
seaman are met, you only need to file Payment Voucher 4 by
allowable credits, is expected to be more than $150 and, in
January 15, 2019. If you file your 2018 income tax return on
the case of an estate, if the 2018 taxable year ends two or
or before March 1, 2019, and pay the entire tax at that time,
more years after the decedent’s death, then you must make
you are not required to file Form 770ES for 2018.
estimated income tax payments using Form 770ES.
FISCAL YEAR TAXPAYERS
An estate, trust or unified nonresident filer must use its
If you report income on a fiscal year basis, substitute the 15th
Federal Employer Identification Number (FEIN) in place of the
day of the 4th month for May 1, the 15th day of the 6th month
taxpayer’s Social Security Number. Do not use the decedent’s
for June 15, the 15th day of the 9th month for September 15
Social Security Number. If the FEIN has not been received,
and the 15th day of the 1st month of the succeeding taxable
enter “Applied for.” If you do not have a FEIN, you should
year for January 15. For example, if a taxpayer has a taxable
contact the Internal Revenue Service at 1-800-TAX-FORM
year that ends on June 30, the first Form 770ES return would
(1-800-829-3676) to obtain federal Form SS-4 (Application
be due on October 15. The remaining estimated payments
for Employer Identification Number).
would be due on December 15, March 15 and July 15 of the
Estates, trusts and unified nonresidents are not required to
succeeding taxable year. Indicate the beginning month of your
file Form 770ES if:
fiscal year in the space provided on the Form 770ES Voucher.
(a) in the case of an estate only, the 2018 taxable year
III. HOW TO ESTIMATE
ends less than two years after the death of the
You must pay at least 90% of your tax liability during the
decedent; or
year by having income tax withheld and/or making timely
(b) Virginia income tax can reasonably be expected to
payments of estimated tax. Worksheets are available on
be $150 or less for the 2018 taxable year.
the Department's website to help you determine if you are
required to file Form 770ES. Use the Tax Rate Schedule on
II. WHEN TO FILE
the following page for additional information and guidance,
File Form 770ES Payment Voucher 1 by May 1, 2018.
refer to the instructions for the return that you will file.
Estimated income tax payments must be made in full on or
If you are required to file Form 770ES, complete the form
before May 1, 2018, or in equal installments on or before May
using the payment amount from the Estimated Income Tax
1, 2018, June 15, 2018, September 15, 2018 and January
Worksheet. When filing each voucher, include your check or
15, 2019.
money order for the amount computed for the quarter.
When the last day on which a tax return may be filed or a
If your expected Virginia tax liability changes during the year,
tax may be paid falls on a Saturday, Sunday or legal holiday,
recompute your estimated tax to determine how much your
you may file and make payment without penalty or interest
remaining payments should increase or decrease. When
on the next succeeding business day.
making your next Form 770ES payment, enter the new
Complete the worksheet and make payments in accordance
amount of estimated income tax due for the quarter.
with the instructions on the vouchers. If you overpaid your
2017 income tax and chose to apply the overpayment to
your 2018 estimated income tax, that overpayment may be
partially or fully applied to any installment.
6201124
Rev. 06/17
the fiduciary qualified. If there has been no qualification in
TAX RATE SCHEDULE
Virginia, file the first voucher in the city or county in which the
IF YOUR VIRGINIA TAXABLE INCOME IS:
fiduciary resides, does business or has an office or wherein
Not over $3,000, your tax is 2% of your Virginia taxable income.
any of the beneficiaries may reside. If filing is not required until
but not
your tax
of excess
after May 1, see the PAYMENT SCHEDULE for information
over...
over...
is...
over...
on which voucher to file. File the remaining vouchers directly
with the Department of Taxation or with the Treasurer in that
$ 3,000
$ 5,000
$ 60
+
3%
$ 3,000
city or county using the addresses at the end of this document.
$ 5,000
$ 17,000
$ 120
+
5%
$ 5,000
VI. WHERE TO GET HELP AND FORMS
$ 17,000
$ 720
+
5.75%
$ 17,000
If you need assistance completing your return, call or visit
TAX CREDITS and ADJUSTMENTS
the Commissioner of the Revenue, Director of Finance or
You may claim an expected tax credit or adjustment on the
Director of Tax Administration for your city or county or the
worksheet if:
Department of Taxation. Requests for information may also
be addressed to the Virginia Department of Taxation,
(a) you will pay income tax to another state as a
P. O. Box 1115, Richmond, VA 23218-1115, or call 804-367-
nonresident, except for the states of Arizona,
8031. Do not mail your income tax return to this address or
California, Oregon or the District of Columbia;
to the address below.
(b) you are a resident of one or more of the states listed
Requests for forms from the Department of Taxation can be
above and you will pay income tax to Virginia as a
addressed to: Virginia Department of Taxation, P. O. Box
nonresident; or
1317, Richmond, VA 23218-1317, or call 804-367-8031.
(c) you expect to qualify for one of the other available
Visit the Department's website, www.tax.virginia.gov, where
fiduciary income tax credits.
you can obtain filing information, get answers to common
For more information on determining if you qualify for any
questions, download forms and more.
credits, see the instructions for Form 770.
VII. UNDERPAYMENT OF ESTIMATED INCOME TAX
IV. CHANGES IN INCOME OR EXEMPTIONS
/
2
An addition to tax is imposed by law if at least 90% (66
%
3
Even if you do not expect your income for 2018 to be large
if you are a farmer, fisherman or merchant seaman) of your
enough to require making estimated income tax payments as
total tax liability is not paid throughout the year by timely
of May 1, 2018, a change in income may require you to file
withholding and/or installments of estimated tax except in
later in the year. If you later determine that you need to file,
certain situations. The addition to tax does not apply if each
see the PAYMENT SCHEDULE.
required installment is paid on time and meets one of the
If you file your 2018 income tax return and pay the balance
following exceptions:
of tax due in full by March 1, 2019, you are not required to
/
2
(a) is at least 90% (66
% if you are a farmer, fisherman
3
make the estimated tax payment that would normally be due
or merchant seaman) of the amount due on the basis
on January 15, 2019. If you file your return after March 1
of annualized income;
without making the January payment, or if you have not paid
/
2
(b) is at least 90% (66
% if you are a farmer, fisherman
the proper amount of estimated tax on any earlier due date,
3
or merchant seaman) of the amount due on the basis
you may be liable for an additional charge for underpayment
of the actual taxable income;
of estimated tax, computed on Form 760C. See Section VII
and the Form 760C instructions for more information.
(c) is based on a tax computed by using your income for
the preceding taxable year and the current year’s tax
V. WHERE TO FILE
rates and exemptions;
Electronic Filing: The Department provides two secure
(d) is equal to or exceeds the prior year’s tax liability for
online options for submitting estimated payments: eForms
each installment period and the prior year return was
and Individual iFile. Payments are made by Debit EFT and
for a full year and reflected an income tax liability; or
you may schedule your payment for a future date. Estimated
payments may also be made using an ACH Credit transaction
(e) the sum of all installment underpayments for the
through your bank. Some banks may charge a fee for this
taxable year is $150 or less.
service. An Electronic Payment Guide is available on the
If you do not meet an exception, your underpayment
Department’s website with information on how to submit ACH
computation will be based on 90% of the current year’s
Credit payments to the Department.
income tax liability or 100% of your liability for the preceding
Mail: If you have been granted a waiver, send your voucher
year, whichever is less. The addition to tax is computed on
and payment directly to the Department of Taxation, P.O. Box
Form 760C (Form 760F for farmers, fishermen or merchant
1478, Richmond, VA 23218 or the address shown for the
seamen).
Commissioner of the Revenue, Director of Finance or Director
of Tax Administration for the Virginia city or county in which
2018 ESTIMATED INCOME TAX WORKSHEET
For Estates, Trusts and Unified Nonresidents
. . . .
1 Expected federal taxable income of the estate, trust or VA income of unified nonresidents
1
. . . . . .
2 Fiduciary’s share of Virginia modifications or net modifications of unified nonresidents
2
. . . . . . . . . . . . . . . . . . . . . . . . . . .
3 Estimated Virginia taxable income (Line 1 less Line 2)
3
. . . . . . . . . . . . . . . . . . . . . .
4 Virginia income tax for the amount on Line 3 (See Section III)
4
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5 Tax credits (See Section III)
5
6 ESTIMATE OF THE FIDUCIARY, UNIFIED NONRESIDENT OR
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
ESTATE INCOME TAX (Line 4 less Line 5)
6
. . . . . . . . . . . .
7 Enter the number of payments required (See the Payment Schedule below)
7
8 PAYMENT AMOUNT. Divide the amount on Line 6 by the number of payments on Line 7.
(If you had a
2017
overpayment credit, subtract the amount of the overpayment credit that
you are applying to this installment.) Enter the amount here and on Form 770ES. Enclose
your check or money order for this
8
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
amount
PAYMENT SCHEDULE
The estimated income tax return and payment of a fiduciary, estate, trust or unified nonresident filer other than a self-employed
farmer, fisherman or merchant seaman is to be filed on or before May 1 of the taxable year, unless the requirements to file are not
met until after April 15. Use the table below to determine the number and amount of each installment payment. (Fiscal year filers
substitute the corresponding fiscal year months for the months specified in this table.)
The Following Percentages of the Estimated Tax Are
Number of
File Form
Use
If the Requirements Are First
to Be Paid on or Before-
Payments
770ES on
Voucher
Met in the Taxable Year -
Required
or Before
Number
May 1
June 15
September 15
January 15
on or before April 15
4
May 1, 2018
1
25%
25%
25%
25%
/
after April 15th and before June 2nd
3
June 15, 2018
2
.....
33
1
%
33
1
/
%
33
1
/
%
3
3
3
after June 1st and before Sept. 2nd
2
Sept. 15, 2018
3
.....
.....
50%
50%
after Sept. 1st and before Dec. 31st
1
Jan. 15, 2019
4
.....
.....
.....
100%
2018 FORM 770ES - Voucher 1
Doc ID 772
LOCALITY NO.
FOR OFFICE USE
Check if this is a new address.
VIRGINIA ESTIMATED INCOME TAX PAYMENT VOUCHER
FOR ESTATES, TRUSTS AND UNIFIED NONRESIDENTS
Check here if this is your first payment for
this taxable year.
CALENDAR YEAR FILERS: DUE MAY 1, 2018 OR
FISCAL YEAR FILERS: BEGINNING MONTH: ___________________
Mail your voucher and payment to the Virginia Department of
0000000000 7720000 000000 000
Taxation, P. O. Box 1478, Richmond, VA 23218-1478 or see pages
7-8 and use the mailing address shown for your city or county.
If you file with the Department, make your check payable to
FEIN for Estate, Trust or Unified Filer
the Department of Taxation. If you file locally, make your check
payable to your local Treasurer.
Name of Estate, Trust or Unified Filer
Name and Title of Fiduciary or Unified Filer
Amount of payment
Address (Number and Street) of Fiduciary or Unified Filer
City, State and ZIP Code
00
.
Daytime Phone Number
2018 ESTIMATED TAX PAYMENT RECORD
Check or Money
Payment
Check or Money
Overpayment
Total Amount
Date
Order Payment
Made With:
Order Number
Credit Applied
Paid
Amount
Voucher 1
Voucher 2
Voucher 3
Voucher 4
Total
2018 FORM 770ES - Voucher 2
LOCALITY NO.
FOR OFFICE USE
Doc ID 772
Check if this is a new address.
VIRGINIA ESTIMATED INCOME TAX PAYMENT VOUCHER
FOR ESTATES, TRUSTS AND UNIFIED NONRESIDENTS
Check here if this is your first payment for
this taxable year.
CALENDAR YEAR FILERS: DUE JUNE 15, 2018 OR
FISCAL YEAR FILERS: BEGINNING MONTH: ___________________
Mail your voucher and payment to the Virginia Department of
0000000000 7720000 000000 000
Taxation, P. O. Box 1478, Richmond, VA 23218-1478 or see pages
7-8 and use the mailing address shown for your city or county.
If you file with the Department, make your check payable to
FEIN for Estate, Trust or Unified Filer
the Department of Taxation. If you file locally, make your check
payable to your local Treasurer.
Name of Estate, Trust or Unified Filer
Name and Title of Fiduciary or Unified Filer
Amount of payment
Address (Number and Street) of Fiduciary or Unified Filer
00
City, State and ZIP Code
.
Daytime Phone Number
2018 FORM 770ES - Voucher 3
LOCALITY NO.
FOR OFFICE USE
Doc ID 772
Check if this is a new address.
VIRGINIA ESTIMATED INCOME TAX PAYMENT VOUCHER
FOR ESTATES, TRUSTS AND UNIFIED NONRESIDENTS
Check here if this is your first payment for
CALENDAR YEAR FILERS: DUE SEPTEMBER 15, 2018 OR
this taxable year.
FISCAL YEAR FILERS: BEGINNING MONTH: ___________________
Mail your voucher and payment to the Virginia Department of
0000000000 7720000 000000 000
Taxation, P. O. Box 1478, Richmond, VA 23218-1478 or see pages
7-8 and use the mailing address shown for your city or county.
If you file with the Department, make your check payable to
FEIN for Estate, Trust or Unified Filer
the Department of Taxation. If you file locally, make your check
payable to your local Treasurer.
Name of Estate, Trust or Unified Filer
Name and Title of Fiduciary or Unified Filer
Amount of payment
Address (Number and Street) of Fiduciary or Unified Filer
00
City, State and ZIP Code
.
Daytime Phone Number
2018 FORM 770ES - Voucher 4
LOCALITY NO.
FOR OFFICE USE
Doc ID 772
Check if this is a new address.
VIRGINIA ESTIMATED INCOME TAX PAYMENT VOUCHER
FOR ESTATES, TRUSTS AND UNIFIED NONRESIDENTS
Check here if this is your first payment for
CALENDAR YEAR FILERS: DUE JANUARY 15, 2019 OR
this taxable year.
FISCAL YEAR FILERS: BEGINNING MONTH: ___________________
Mail your voucher and payment to the Virginia Department of
0000000000 7720000 000000 000
Taxation, P. O. Box 1478, Richmond, VA 23218-1478 or see pages
7-8 and use the mailing address shown for your city or county.
If you file with the Department, make your check payable to
FEIN for Estate, Trust or Unified Filer
the Department of Taxation. If you file locally, make your check
payable to your local Treasurer.
Name of Estate, Trust or Unified Filer
Name and Title of Fiduciary or Unified Filer
Amount of payment
Address (Number and Street) of Fiduciary or Unified Filer
00
City, State and ZIP Code
.
Daytime Phone Number

Download Form 770ES 2018 Virginia Estimated Income Tax Payment Vouchers for Estates, Trusts, and Unified Nonresidents - Virginia

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