Form 40ES "Individual Estimated Tax Form" - Alabama

What Is Form 40ES?

This is a legal form that was released by the Alabama Department of Revenue - a government authority operating within Alabama. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • The latest edition provided by the Alabama Department of Revenue;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a printable version of Form 40ES by clicking the link below or browse more documents and templates provided by the Alabama Department of Revenue.

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Download Form 40ES "Individual Estimated Tax Form" - Alabama

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2018
40ES
A
D
R
LABAMA
EPARTMENT OF
EVENUE
FORM
I
& C
T
D
Estimated Tax
CALENDAR YEAR
NDIVIDUAL
ORPORATE
AX
IVISION
or Fiscal Year Ending
(WORKSHEET – KEEP FOR YOUR RECORDS – DO NOT FILE)
Name
Social Security Number
1
1 Enter amount of adjusted gross income expected in taxable year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 If deductions are itemized, enter total of such deductions expected. If deductions
2
will not be itemized, enter the amount from the standard deduction table . . . . . . . . . . . . . . . . . .
3
3 Enter amount of federal income tax liability for taxable year . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
4 Total of lines 2 and 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
5 Subtract line 4 from line 1. Enter balance here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
6 Personal exemption and dependent exemption(s) (see instructions for Forms 40 and 40NR for amounts) . . . . . . . . . . . . . . . . . . . . . . . . . .
7
7 Subtract line 6 from line 5. This is your estimated taxable income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8 Compute tax on amount on line 7 at the following rates:
Single or Married & Filing Separately
Married & Filing Jointly
8a
a
1st $500
. . . . . .
2%
1st $1000
. . . . . .
2% . . . . . .
8b
b
Next $2500
. . . . . .
4%
Next $5000
. . . . . .
4% . . . . . .
8c
c
9
Over $3000
. . . . . .
5%
Over $6000
. . . . . .
5% . . . . . .
9 Add lines 8a, 8b, 8c. Enter total here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
10 Amount of Alabama income tax you estimate will be withheld from your wages in taxable year. Enter balance here . . . . . . . . . . . . . . . . . . .
11 Subtract line 10 from line 9. Enter balance here. This is your estimated tax.
11
RECORD OF STATE OF ALABAMA ESTIMATED TAX PAYMENTS AND CREDIT
If less than five hundred dollars ($500), no estimated tax is required to be filed (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Date Paid
Amount
Check Number, etc.
1 Overpayment credit from last year credited to estimated tax for
1
this year. (Make sure this credit is shown in the proper space on
2
your Alabama income tax return for last year.) . . . . . . . . . . . . . .
2 First payment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
3 Second payment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
4 Third payment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
5 Fourth payment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
ENTER THIS AMOUNT ON THE PROPER LINE OF YOUR 2018 ALABAMA
6
INDIVIDUAL INCOME TAX RETURN, FORM 40 OR FORM 40NR.
6 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
NOTE: The Alabama Department of Revenue does not send notices of amounts paid
on estimated tax. Therefore, it is important that you maintain this record.
2018
40ES
A
D
R
LABAMA
EPARTMENT OF
EVENUE
FORM
I
& C
T
D
Estimated Tax
CALENDAR YEAR
NDIVIDUAL
ORPORATE
AX
IVISION
or Fiscal Year Ending
(WORKSHEET – KEEP FOR YOUR RECORDS – DO NOT FILE)
Name
Social Security Number
1
1 Enter amount of adjusted gross income expected in taxable year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 If deductions are itemized, enter total of such deductions expected. If deductions
2
will not be itemized, enter the amount from the standard deduction table . . . . . . . . . . . . . . . . . .
3
3 Enter amount of federal income tax liability for taxable year . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
4 Total of lines 2 and 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
5 Subtract line 4 from line 1. Enter balance here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
6 Personal exemption and dependent exemption(s) (see instructions for Forms 40 and 40NR for amounts) . . . . . . . . . . . . . . . . . . . . . . . . . .
7
7 Subtract line 6 from line 5. This is your estimated taxable income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8 Compute tax on amount on line 7 at the following rates:
Single or Married & Filing Separately
Married & Filing Jointly
8a
a
1st $500
. . . . . .
2%
1st $1000
. . . . . .
2% . . . . . .
8b
b
Next $2500
. . . . . .
4%
Next $5000
. . . . . .
4% . . . . . .
8c
c
9
Over $3000
. . . . . .
5%
Over $6000
. . . . . .
5% . . . . . .
9 Add lines 8a, 8b, 8c. Enter total here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
10 Amount of Alabama income tax you estimate will be withheld from your wages in taxable year. Enter balance here . . . . . . . . . . . . . . . . . . .
11 Subtract line 10 from line 9. Enter balance here. This is your estimated tax.
11
RECORD OF STATE OF ALABAMA ESTIMATED TAX PAYMENTS AND CREDIT
If less than five hundred dollars ($500), no estimated tax is required to be filed (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Date Paid
Amount
Check Number, etc.
1 Overpayment credit from last year credited to estimated tax for
1
this year. (Make sure this credit is shown in the proper space on
2
your Alabama income tax return for last year.) . . . . . . . . . . . . . .
2 First payment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
3 Second payment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
4 Third payment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
5 Fourth payment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
ENTER THIS AMOUNT ON THE PROPER LINE OF YOUR 2018 ALABAMA
6
INDIVIDUAL INCOME TAX RETURN, FORM 40 OR FORM 40NR.
6 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
NOTE: The Alabama Department of Revenue does not send notices of amounts paid
on estimated tax. Therefore, it is important that you maintain this record.
Form 40ES Instructions
Who Must Pay Estimated Tax
State holiday, the due date will then be considered the following
business day. Checks or money orders should be made payable
If you owe additional tax for 2017, you may have to pay esti-
to the Alabama Department of Revenue.
mated tax for 2018.
Changes In Tax
You can use the following general rule as a guide during the
year to see if you will have enough withholding, or if you should
Even though your situation on April 15 is such that you are not
increase your withholding or make estimated tax payments.
required to file estimated tax at that time, your expected tax may
General Rule. In most cases, you must pay estimated tax for
change so that you will be required to file estimated tax later. In
2018 if both of the following apply.
such case, the time for filing is as follows: June 15, if the change
1.  You expect to owe at least $500 in tax for 2018, after sub-
occurs after April 1 and before June 2; September 15, if the
tracting your withholding and credits.
change occurs after June 1 and before September 2; January 15,
2.  You expect your withholding plus your credits to be less than
if the change occurs after September 1. If, after you have filed a
the smaller of:
voucher, you find that your estimated tax is substantially increased
a.  90% of the tax to be shown on your 2018 tax return, or
or decreased as the result of a change in your tax, you should in-
b.  100% of the tax shown on your 2017 tax return. Your
crease or decrease the amounts on your June 15, 2018, Septem-
2017 tax return must cover all 12 months.
ber 15, 2018, January 15, 2019 vouchers.
Special Rule for Higher Income Taxpayers
Farmers
If your Alabama AGI for 2017 was more than $150,000
If at least 2/3 of your gross income for the taxable year is de-
($75,000 if your filing status for 2018 is Married Filing a Separate
rived from farming, you may pay estimated tax at any time on or
Return) substitute 110% for 100% in (2b) under General Rule,
before January 15, 2019. If you wait until January 15, 2019, you
above.
must pay the entire balance of the estimated tax. However, if farm-
When and Where to File Estimated Tax
ers file their tax return on or before March 1, 2019, and pay the
total tax at that time, they need not file estimated tax.
Your estimated tax must be filed on or before January 15, 2019,
Fiscal Year
or on such later dates as specified under “Farmers.” It should be
mailed to the Alabama Department of Revenue, Individual Esti-
If you file your income tax return on a fiscal year basis, you will
mates, P.O. Box 327485, Montgomery, AL 36132-7485.
substitute for the dates specified in the above instructions the
Payment of Estimated Tax
months corresponding thereto.
Penalties for Underpayment
Your estimated tax may be paid in full or in equal installments
on or before April 15, 2018, June 15, 2018, September 15, 2018
Penalties are provided for underpaying the Alabama income
and January 15, 2019. If the 15th falls on a Saturday, Sunday, or
tax by at least $500.00.
40ES 2018
DETACH ALONG THIS LINE AND MAIL VOUCHER WITH YOUR FULL PAYMENT
¿
Alabama Department of Revenue
Estimated Income Tax Payment Voucher
PRIMARY TAXPAYER’S
SPOUSE’S
LAST
FIRST NAME
FIRST NAME
NAME
MAILING
ADDRESS
DAYTIME
CITY
STATE
ZIP
TELEPHONE NUMBER
CHECK IF FISCAL YEAR
Beginning Date:
Ending Date:
Primary Taxpayer SSN:
Spouse SSN:
Amount Paid With Voucher:
$
MAIL TO: Alabama Department of Revenue, Individual Estimates,
P.O. Box 327485, Montgomery, AL 36132-7485
ADOR
40ES 2018
DETACH ALONG THIS LINE AND MAIL VOUCHER WITH YOUR FULL PAYMENT
¡
Alabama Department of Revenue
Estimated Income Tax Payment Voucher
PRIMARY TAXPAYER’S
SPOUSE’S
LAST
FIRST NAME
FIRST NAME
NAME
MAILING
ADDRESS
DAYTIME
CITY
STATE
ZIP
TELEPHONE NUMBER
CHECK IF FISCAL YEAR
Beginning Date:
Ending Date:
Primary Taxpayer SSN:
Spouse SSN:
Amount Paid With Voucher:
$
MAIL TO: Alabama Department of Revenue, Individual Estimates,
P.O. Box 327485, Montgomery, AL 36132-7485
ADOR