Estimated tax

[TAXMAN]

I am somewhat lost. TP efiled both fed and state and accepted. TP has come into some dollars that needs an estimated payment made. TP has never paid estimates b-4. How can we ach an estimated payment since the return has already been filed. Can we set up an ach and efile it separately?

[Abby Normal]

You can with some states but not with federal... unless it can be done with an amended return.

I suggest IRS Direct Pay.

Also, just because they had some unexpected income does not mean they need to make estimated payments. I usually recommend they earn some interest on the money and just pay on 4/15.

[Christian]

If he has filed the return and failed to report some income from 2020 his only recourse is an amended return. If he has unexpected income for this year 2021 he can simply send in a quarterly estimated payment by 9/15/21. Of course Abby is right (as always) if the received amount does not require the payment of any estimated tax.

[TAXMAN]

Kinda figured that. Got state done. TP sold a rental property for a price they could not walk away from thus creating the est. required. Thanks all.

[Possi]

24 minutes ago, TAXMAN said:

Kinda figured that. Got state done. TP sold a rental property for a price they could not walk away from thus creating the est. required. Thanks all.

That is happening a lot this year. I just cough up an estimated payment voucher for my clients to mail. 

[Randall]

Are you talking about 2020 or 2021?  As someone said, amend 2020.  Or for 2021, just pay a one time estimated payment.  Why not paper 1040-ES with a check?