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2017

Form 1040-ES

Estimated Tax for Individuals

Department of the Treasury

Internal Revenue Service

Purpose of This Package

Use Form 1040-ES to figure and pay your estimated tax

for 2017.

Estimated tax is the method used to pay tax on income

that is not subject to withholding (for example, earnings

from self-employment, interest, dividends, rents, alimony,

etc.). In addition, if you do not elect voluntary withholding,

you should make estimated tax payments on other

taxable income, such as unemployment compensation

and the taxable part of your social security benefits.

Change of address. If your address has changed, file

Form 8822, Change of Address, to update your record.

Future developments. For the latest information about

developments related to Form 1040-ES and its

instructions, such as legislation enacted after they were

published, go to www.irs.gov/form1040es.

Who Must Make Estimated Tax

Payments

The estimated tax rules apply to:

U.S. citizens and resident aliens;

Residents of Puerto Rico, the U.S. Virgin Islands,

Guam, the Commonwealth of the Northern Mariana

Islands, and American Samoa; and

Nonresident aliens (use Form 1040-ES (NR)).

General Rule

In most cases, you must pay estimated tax for 2017 if both

of the following apply.

1. You expect to owe at least $1,000 in tax for 2017,

after subtracting your withholding and refundable credits.

2. You expect your withholding and refundable credits

to be less than the smaller of:

a. 90% of the tax to be shown on your 2017 tax return,

b. 100% of the tax shown on your 2016 tax return.

Your 2016 tax return must cover all 12 months.

Note. These percentages may be different if you are a

farmer, fisherman, or higher income taxpayer. See

Special Rules, later.

Exception. You do not have to pay estimated tax for

2017 if you were a U.S. citizen or resident alien for all of

2016 and you had no tax liability for the full 12-month

2016 tax year. You had no tax liability for 2016 if your total

tax was zero or you did not have to file an income tax

return.

Special Rules

There are special rules for farmers, fishermen, certain

household employers, and certain higher income

taxpayers.

Farmers and fishermen.

If at least two-thirds of your

gross income for 2016 or 2017 is from farming or fishing,

substitute 66

% for 90% in (2a) under General Rule.

Household employers. When estimating the tax on your

2017 tax return, include your household employment

taxes if either of the following applies.

You will have federal income tax withheld from wages,

pensions, annuities, gambling winnings, or other income.

You would be required to make estimated tax payments

to avoid a penalty even if you did not include household

employment taxes when figuring your estimated tax.

Higher income taxpayers. If your adjusted gross

income (AGI) for 2016 was more than $150,000 ($75,000

if your filing status for 2017 is married filing separately),

substitute 110% for 100% in (2b) under General Rule,

earlier. This rule does not apply to farmers or fishermen.

Increase Your Withholding

If you also receive salaries and wages, you may be able to

avoid having to make estimated tax payments on your

other income by asking your employer to take more tax

out of your earnings. To do this, file a new Form W-4,

Employee's Withholding Allowance Certificate, with your

employer.

Generally, if you receive a pension or annuity you can

use Form W-4P, Withholding Certificate for Pension or

Annuity Payments, to start or change your withholding

from these payments.

You also can choose to have federal income tax

withheld from certain government payments. For details,

see Form W-4V, Voluntary Withholding Request.

Additional Information You May Need

You can find most of the information you will need in Pub.

505, Tax Withholding and Estimated Tax, and in the

instructions for the 2016 Form 1040 or Form 1040A.

For details on how to get forms and publications, see

the 2016 Instructions for Form 1040 or Form 1040A.

What's New

Use your 2016 tax return as a guide in figuring your 2017

estimated tax, but be sure to consider the following.

Individual taxpayer identification number (ITIN) re-

newal. If you were assigned an ITIN before January 1,

2013, or if you have an ITIN that you haven’t included on a

tax return in the last three consecutive years, you may

need to renew it. For more information, see the

instructions for Form W-7.

Standard deduction. If you do not itemize your

deductions, you can take the 2017 standard deduction

listed in the following chart for your filing status.

Jan 06, 2017

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IF your 2017 filing status is...

THEN your standard

deduction is...

Married filing jointly or

Qualifying widow(er)

$12,700

Head of household $9,350

Single or Married filing separately $6,350

However, if you can be claimed as a dependent on

another person's 2017 return, your standard deduction is

the greater of:

$1,050, or

Your earned income plus $350 (up to the standard

deduction amount).

Your standard deduction is increased by the following

amount if, at the end of 2017, you are:

An unmarried individual (single or head of household)

and are:

65 or older or blind ........................ $1,550

65 or older and blind ....................... $3,100

A married individual (filing jointly or separately) or a

qualifying widow(er) and are:

65 or older or blind ........................ $1,250

65 or older and blind ....................... $2,500

Both spouses 65 or older .................... $2,500*

Both spouses 65 or older and blind .............. $5,000*

* If married filing separately, these amounts apply only if you can

claim an exemption for your spouse.

Your standard deduction is zero if (a) your spouse

itemizes on a separate return, or (b) you were a

dual-status alien and you do not elect to be taxed

as a resident alien for 2017.

Personal exemption amount for certain taxpayers.

For tax years beginning in 2017, the personal exemption

amount remains unchanged at $4,050 for taxpayers with

adjusted gross incomes below $156,900. The personal

exemption amount for taxpayers with adjusted gross

incomes above this amount may be reduced.

Limitation on itemized deductions. For tax year 2017,

itemized deductions for taxpayers with adjusted gross

income above $156,900 may be reduced.

Social security tax. For 2017, the maximum amount of

earned income (wages and net earnings from

self-employment) subject to the social security tax is

$127,200.

Reminders

Health care coverage. When you file your 2017 tax

return in 2018, you will need to either (1) indicate on your

return that you and your family had health care coverage

throughout 2017, (2) claim an exemption from the health

care coverage requirement for some or all of 2017, or (3)

make a payment if you do not have coverage or an

CAUTION

exemption(s) for all 12 months of 2017. See Form 8965

and its instructions for more information.

Advance payments of the premium tax credit. If you

buy health care insurance through the Health Insurance

Marketplace, you may be eligible for advance payments

of the premium tax credit to help pay for your insurance

coverage. Receiving too little or too much in advance will

affect your refund or balance due. Promptly report

changes in your income or family size to your

Marketplace. See Form 8962 and its instructions for more

information.

How To Figure Your Estimated Tax

You will need:

The 2017 Estimated Tax Worksheet,

The Instructions for the 2017 Estimated Tax Worksheet,

The 2017 Tax Rate Schedules, and

Your 2016 tax return and instructions to use as a guide

to figuring your income, deductions, and credits (but be

sure to consider the items listed under What's New,

earlier).

Matching estimated tax payments to income. If you

receive your income unevenly throughout the year (for

example, because you operate your business on a

seasonal basis or you have a large capital gain late in the

year), you may be able to lower or eliminate the amount of

your required estimated tax payment for one or more

periods by using the annualized income installment

method. See chapter 2 of Pub. 505 for details.

Changing your estimated tax. To amend or correct

your estimated tax, see How To Amend Estimated Tax

Payments

, later.

You cannot make joint estimated tax payments if

you or your spouse is a nonresident alien, you are

separated under a decree of divorce or separate

maintenance, or you and your spouse have different tax

years.

Additionally, individuals of the same sex and opposite sex

who are in registered domestic partnerships, civil unions,

or other similar formal relationships that are not marriages

under state law cannot make joint estimated tax

payments. These individuals can take credit only for the

estimated tax payments that he or she made.

Payment Due Dates

You can pay all of your estimated tax by April 18, 2017, or

in four equal amounts by the dates shown below.

1st payment ................. April 18, 2017

2nd payment ................ June 15, 2017

3rd payment ................. Sept. 15, 2017

4th payment ................. Jan. 16, 2018*

* You do not have to make the payment due January 16,

2018, if you file your 2017 tax return by January 31, 2018,

and pay the entire balance due with your return.

If you mail your payment and it is postmarked by the

due date, the date of the U.S. postmark is considered the

date of payment. If your payments are late or you did not

pay enough, you may be charged a penalty for

CAUTION

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underpaying your tax. See When a Penalty Is Applied,

later.

You can make more than four estimated tax

payments. To do so, make a copy of one of your

unused estimated tax payment vouchers, fill it in,

and mail it with your payment. If you make more than four

payments, to avoid a penalty, make sure the total of the

amounts you pay during a payment period is at least as

much as the amount required to be paid by the due date

for that period. For other payment methods, see

How To

Pay Estimated Tax

, later.

No income subject to estimated tax during first pay-

ment period. If, after March 31, 2017, you have a large

change in income, deductions, additional taxes, or credits

that requires you to start making estimated tax payments,

you should figure the amount of your estimated tax

payments by using the annualized income installment

method, explained in chapter 2 of Pub. 505. If you use the

annualized income installment method, file Form 2210,

Underpayment of Estimated Tax by Individuals, Estates,

and Trusts, including Schedule AI, with your 2017 tax

return even if no penalty is owed.

Farmers and fishermen. If at least two-thirds of your

gross income for 2016 or 2017 is from farming or fishing,

you can do one of the following.

Pay all of your estimated tax by January 16, 2018.

File your 2017 Form 1040 by March 1, 2018, and pay

the total tax due. In this case, 2017 estimated tax

payments are not required to avoid a penalty.

Fiscal year taxpayers. You are on a fiscal year if your

12-month tax period ends on any day except December

31. Due dates for fiscal year taxpayers are the 15th day of

the 4th, 6th, and 9th months of your current fiscal year and

the 1st month of the following fiscal year. If any payment

date falls on a Saturday, Sunday, or legal holiday, use the

next business day.

Name Change

If you changed your name because of marriage, divorce,

etc., and you made estimated tax payments using your

former name, attach a statement to the front of your 2017

paper tax return. On the statement, show all of the

estimated tax payments you (and your spouse, if filing

jointly) made for 2017 and the name(s) and SSN(s) under

which you made the payments.

Be sure to report the change to your local Social

Security Administration office before filing your 2017 tax

return. This prevents delays in processing your return and

issuing refunds. It also safeguards your future social

security benefits. For more details, call the Social Security

Administration at 1-800-772-1213 (TTY/TDD

1-800-325-0778).

How To Amend Estimated Tax

Payments

To change or amend your estimated tax payments,

refigure your total estimated tax payments due (see the

2017 Estimated Tax Worksheet). Then, to figure the

payment due for each remaining payment period, see

Amended estimated tax in chapter 2 of Pub. 505. If an

TIP

estimated tax payment for a previous period is less than

one-fourth of your amended estimated tax, you may owe a

penalty when you file your return.

When a Penalty Is Applied

In some cases, you may owe a penalty when you file your

return. The penalty is imposed on each underpayment for

the number of days it remains unpaid. A penalty may be

applied if you did not pay enough estimated tax for the

year or you did not make the payments on time or in the

required amount. A penalty may apply even if you have an

overpayment on your tax return.

The penalty may be waived under certain conditions.

See chapter 4 of Pub. 505 for details.

How To Pay Estimated Tax

Pay Online

IRS offers an electronic payment option that is right for

you. Paying online is convenient and secure and helps

make sure we get your payments on time. To pay your

taxes online or for more information, go to

IRS.gov/

payments. You can pay using any of the following

methods.

IRS Direct Pay for online transfers directly from your

checking or savings account at no cost to you, go to

IRS.gov/payments.

Pay by Card. To pay by debit or credit card, go to

IRS.gov/payments. A convenience fee is charged by

these service providers.

Electronic Fund Withdrawal (EFW) is an integrated

e-file/e-pay option offered when filing your federal taxes

electronically using tax preparation software, through a

tax professional, or the IRS at IRS.gov/payments.

Online Payment Agreement. If you cannot pay in full

by the due date of your tax return, you can apply for an

online monthly installment agreement at

IRS.gov/

payments. Once you complete the online process, you will

receive immediate notification of whether your agreement

has been approved. A user fee is charged.

IRS2Go is the mobile application of the IRS; you can

access Direct Pay or Pay By Card by downloading the

application.

Pay by Phone

Paying by phone is another safe and secure method of

paying electronically. Use one of the following methods

(1) call one of the debit or credit card service providers or

(2) the Electronic Federal Tax Payment System (EFTPS).

Debit or credit card. Call one of our service providers.

Each charges a fee that varies by provider, card type, and

payment amount.

WorldPay US, Inc.

1-844-729-8298 (1-844-PAY-TAX-8

)

www.payUSAtax.com

Official Payments

1-888-UPAY-TAX

(1-888-872-9829)

www.officialpayments.com

Form 1040-ES (2017)

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Link2Gov Corporation

1-888-PAY-1040

(1-888-729-1040)

www.PAY1040.com

EFTPS. To use EFTPS, you must be enrolled either

online or have an enrollment form mailed to you. To make

a payment using EFTPS, call 1-800-555-4477 (English) or

1-800-244-4829 (Español). People who are deaf, hard of

hearing, or have a speech disability and who have access

to TTY/TDD equipment can call 1-800-733-4829. For

more information about EFTPS, go to

IRS.gov/payments

or www.eftps.gov.

Mobile Device

To pay through your mobile device, download the IRS2Go

app.

Cash

Cash is a new in-person payment option for individuals

provided through retail partners with a maximum of

$1,000 per day per transaction. To make a cash payment

you must first be registered online at

www.officialpayments.com/fed, our Official Payment

provider.

Pay by Check or Money Order Using the

Estimated Tax Payment Voucher

Before submitting a payment through the mail using the

estimated tax payment voucher, please consider

alternative methods. One of our safe, quick and easy

electronic payment options might be right for you.

If you choose to mail in your payment, there is a

separate estimated tax payment voucher for each due

date. The due date is shown in the upper right corner.

Complete and send in the voucher only if you are making

a payment by check or money order. If you and your

spouse plan to file separate returns, file separate

vouchers instead of a joint voucher.

To complete the voucher, do the following.

Print or type your name, address, and SSN in the space

provided on the estimated tax payment voucher. If you

have an IRS Individual Taxpayer Identification Number

(ITIN), enter it wherever your SSN is requested. If filing a

joint voucher, also enter your spouse's name and SSN.

List the names and SSNs in the same order on the joint

voucher as you will list them on your joint return.

Enter in the box provided on the estimated tax payment

voucher only the amount you are sending in by check or

money order. When making payments of estimated tax,

be sure to take into account any 2016 overpayment that

you choose to credit against your 2017 tax, but do not

include the overpayment amount in this box.

Make your check or money order payable to “United

States Treasury.” Do not send cash. To help process your

payment accurately, enter the amount on the right side of

the check like this: $ XXX.XX. Do not use dashes or lines

(for example, do not enter “$ XXX—” or “$ XXX

100

”).

Enter “2017 Form 1040-ES” and your SSN on your

check or money order. If you are filing a joint estimated tax

payment voucher, enter the SSN that you will show first on

your joint return.

Enclose, but do not staple or attach, your payment with

the estimated tax payment voucher.

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Where to File Your Estimated Tax Payment Voucher if Paying by Check or Money Order

Mail your estimated tax payment voucher and check or money order to the address

shown below for the place where you live. Do not mail your tax return to this address or

send an estimated tax payment without a payment voucher. Also, do not mail your

estimated tax payments to the address shown in the Form 1040 or 1040A instructions. If

you need more payment vouchers, you can make a copy of one of your unused

vouchers.

Alabama, Georgia, Kentucky, New

Jersey, North Carolina, South

Carolina, Tennessee, Virginia

Internal Revenue Service

P.O. Box 931100

Louisville, KY 40293-1100

Caution: For proper delivery of your estimated tax payment to a P.O. box, you must

include the box number in the address. Also, note that only the U.S. Postal Service can

deliver to P.O. boxes. Therefore, you cannot use a private delivery service to make

estimated tax payments required to be sent to a P.O. box.

Connecticut, Delaware, District of

Columbia, Maine, Maryland,

Massachusetts, Missouri, New

Hampshire, New York, Pennsylvania,

Rhode Island, Vermont, West Virginia

Internal Revenue Service

P.O. Box 37007

Hartford, CT 06176-7007

IF you live in . . .

THEN send it to “Internal Revenue

Service” at . . .

A foreign country, American Samoa,

or Puerto Rico, (or are excluding

income under Internal Revenue

Code 933) or use an APO or FPO

address, or file Form 2555,

2555-EZ, or 4563, or are a

dual-status alien or nonpermanent

resident of Guam or the U.S. Virgin

Islands

Internal Revenue Service

P.O. Box 1300

Charlotte, NC 28201-1300

USA

Florida, Louisiana, Mississippi, Texas Internal Revenue Service

P.O. Box 1300

Charlotte, NC 28201-1300

Guam:

Bona fide residents*

Department of

Revenue and Taxation

Government of Guam

P.O. Box 23607

GMF, GU 96921

Alaska, Arizona, California, Colorado,

Hawaii, Idaho, Nevada, New Mexico,

Oregon, Utah, Washington, Wyoming

Internal Revenue Service

P.O. Box 510000

San Francisco, CA 94151-5100

U.S. Virgin Islands:

Bona fide residents*

Virgin Islands Bureau

of Internal Revenue

6115 Estate Smith Bay

Suite 225

St. Thomas, VI 00802

Arkansas, Illinois, Indiana, Iowa,

Kansas, Michigan, Minnesota,

Montana, Nebraska, North Dakota,

Ohio, Oklahoma, South Dakota,

Wisconsin

Internal Revenue Service

P.O. Box 802502

Cincinnati, OH 45280-2502

*Bona fide residents must prepare separate vouchers for estimated income tax and self-employment tax payments. Send the income tax vouchers to the address for

bona fide residents and the self-employment tax vouchers to the address for non-bona fide residents.

Instructions for the 2017 Estimated

Tax Worksheet

Line 1. Adjusted gross income. Use your 2016 tax

return and instructions as a guide to figuring the adjusted

gross income you expect in 2017 (but be sure to consider

the items listed under

What's New, earlier). For more

details on figuring your adjusted gross income, see

Expected AGI—Line 1 in chapter 2 of Pub. 505.

If you are self-employed, be sure to take into account

the deduction for self-employment tax. Use the 2017

Self-Employment Tax and Deduction Worksheet for Lines

1 and 11 of the Estimated Tax Worksheet to figure the

amount to subtract when figuring your expected AGI. This

worksheet also will give you the amount to enter on line 11

of your estimated tax worksheet.

Line 9. Credits. See the 2016 Form 1040, lines 48

through 54, or Form 1040A, lines 31 through 35, and the

related instructions for the types of credits allowed.

Line 11. Self-employment tax. If you and your spouse

make joint estimated tax payments and both of you have

self-employment income, figure the self-employment tax

for each of you separately. Enter the total on line 11.

When estimating your 2017 net earnings from

self-employment, be sure to use only 92.35% (0.9235) of

your total net profit from self-employment.

Line 12. Other taxes.

Use the instructions for the 2016

Form 1040 to determine if you expect to owe, for 2017,

any of the taxes that would have been entered on your

2016 Form 1040, lines 59 (additional tax on distributions

only), 60a, 60b, and 62 (including, if applicable, Additional

Medicare Tax and/or Net Investment Income Tax). On

line 12, enter the total of those taxes, subject to the

following two exceptions.

Exception 1. Include household employment taxes

from Form 1040, line 60a, on this line only if:

You will have federal income tax withheld from wages,

pensions, annuities, gambling winnings, or other income,

You would be required to make estimated tax payments

(to avoid a penalty) even if you did not include household

employment taxes when figuring your estimated tax.

If you meet either of the above, include the total of your

household employment taxes on line 12.

Exception 2. Of the amounts for other taxes that may

be entered on Form 1040, line 62, do not include on

line 12: recapture of a federal mortgage subsidy,

uncollected social security and Medicare tax or RRTA tax

on tips or group-term life insurance, excise tax on excess

golden parachute payments, look-back interest due under

section 167(g) or 460(b), or excise tax on insider stock

compensation from an expatriated corporation. These

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taxes are not required to be paid until the due date of your

income tax return (not including extensions).

Additional Medicare Tax. For information about the

Additional Medicare Tax, see the Instructions for Form

8959.

Net Investment Income Tax (NIIT). For information

about the Net Investment Income Tax, see the

Instructions for Form 8960.

Repayment of first-time homebuyer credit. You

must repay the first-time homebuyer credit if you bought

the home in 2008.

For details about repaying the first-time homebuyer

credit, see the instructions for Form 5405.

Line 14b. Prior year's tax. Enter the 2016 tax you figure

according to the instructions in Figuring your 2016 tax

unless you meet one of the following exceptions.

If the adjusted gross income shown on your 2016 return

is more than $150,000 ($75,000 if married filing

separately for 2017), enter 110% of your 2016 tax as

figured next.

Note. This does not apply to farmers or fishermen.

If you will file a joint return for 2017 but you did not file a

joint return for 2016, add the tax shown on your 2016

return to the tax shown on your spouse's 2016 return and

enter the total on line 14b.

If you filed a joint return for 2016 but you will not file a

joint return for 2017, see General Rule in chapter 4 of Pub.

505 to figure your share of the 2016 tax to enter on

line 14b.

If you did not file a return for 2016 or your 2016 tax year

was less than 12 full months, do not complete line 14b.

Instead, enter the amount from line 14a on line 14c.

Figuring your 2016 tax. Use the following instructions

to figure your 2016 tax.

1. Form 1040—The tax shown on your 2016 Form

1040 is the amount on line 63 reduced by:

a. Unreported social security and Medicare tax or

RRTA tax from Form 1040, line 58;

b. Any tax included on line 59 on excess contributions

to an IRA, Archer MSA, Coverdell education savings

account, health savings account, ABLE account, or on

excess accumulations in qualified retirement plans;

c. Any shared responsibility payment on line 61;

d. Amounts on line 62 as listed under Exception 2,

earlier; and

e. Any refundable credit amounts on lines 66a, 67, 68,

69, and 72, and credit from Form 8885 included on

line 73.

2. Form 1040A—The tax shown on your 2016 Form

1040A is the amount on line 39 reduced by the amount on

line 38, and any refundable credits on lines 42a, 43, 44,

and 45.

3. Form 1040EZ—The tax shown on your 2016 Form

1040EZ is the amount on line 12 reduced by the amount

on lines 8a and 11.

2017 Self-Employment Tax and Deduction Worksheet for

Lines 1 and 11 of the Estimated Tax Worksheet

Keep for Your Records

1a. 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) ..... b.

2. Subtract line 1b from line 1a ...........................................

3. Multiply line 2 by 92.35% (0.9235) .......................................

4. Multiply line 3 by 2.9% (0.029) ..............................................................

5. Social security tax maximum income .....................................

$127,200

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 ..............................................

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 ......................................

9. Multiply line 8 by 12.4% (0.124) .............................................................

10. Add lines 4 and 9. Enter the result here and on line 11 of your 2017 Estimated Tax Worksheet ............ 10.

11. Multiply line 10 by 50% (0.50). 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 2017 Estimated Tax Worksheet .............................. 11.

* Your net profit from self-employment is found on Schedule C (Form 1040), line 31; Schedule F (Form 1040), 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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2017 Tax Rate Schedules

Caution. Do not use these Tax Rate Schedules to figure your 2016 taxes. Use only to figure your 2017 estimated taxes.

Schedule X—Use if your 2017 filing status is

Single

Schedule Z—Use if your 2017 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 $9,325 ----------- + 10% $0 $0 $13,350 ----------- + 10% $0

9,325 37,950 $932.50 + 15% 9,325 13,350 50,800 $1,335.00 + 15% 13,350

37,950 91,900 5,226.25 + 25% 37,950 50,800 131,200 6,952.50 + 25% 50,800

91,900 191,650 18,713.75 + 28% 91,900 131,200 212,500 27,052.50 + 28% 131,200

191,650 416,700 46,643.75 + 33% 191,650 212,500 416,700 49,816.50 + 33% 212,500

416,700 418,400 120,910.25 + 35% 416,700 416,700 444,550 117,202.50 + 35% 416,700

418,400 ----------- 121,505.25 + 39.6% 418,400 444,550 ----------- 126,950.00 + 39.6% 444,550

Schedule Y-1— Use if your 2017 filing status is

Married filing jointly or Qualifying widow(er)

Schedule Y-2—Use if your 2017 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 $18,650 ----------- + 10% $0 $0 $9,325 --------- + 10% $0

18,650 75,900 $1,865.00 + 15% 18,650 9,325 37,950 $932.50 + 15% 9,325

75,900 153,100 10,452.50 + 25% 75,900 37,950 76,550 5,226.25 + 25% 37,950

153,100 233,350 29,752.50 + 28% 153,100 76,550 116,675 14,876.25 + 28% 76,550

233,350 416,700 52,222.50 + 33% 233,350 116,675 208,350 26,111.25 + 33% 116,675

416,700 470,700 112,728.00 + 35% 416,700 208,350 235,350 56,364.00 + 35% 208,350

470,700 --------- 131,628.00 + 39.6% 470,700 235,350 ----------- 65,814.00 + 39.6% 235,350

Form 1040-ES (2017)

-7-

2017 Estimated Tax Worksheet

Keep for Your Records

1 Adjusted gross income you expect in 2017 (see instructions) . . . . . . . . . . . . .

2 • If you plan to itemize deductions, enter the estimated total of your itemized deductions.

Caution: If line 1 is over $156,900 your deduction may be reduced. See Pub. 505 for

details.

• If you do not plan to itemize deductions, enter your standard deduction.

}

3 Subtract line 2 from line 1. . . . . . . . . . . . . . . . . . . . . . . . . 3

Exemptions. Multiply $4,050 by the number of personal exemptions. Caution: See Worksheet 2-6 in

Pub. 505 to figure the amount to enter if line 1 is over: $156,900 . . . . . . . . . . . . .

5 Subtract line 4 from line 3 . . . . . . . . . . . . . . . . . . . . . . . . 5

Tax. Figure your tax on the amount on line 5 by using the 2017 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 Worksheets 2-7 and 2-8 in Pub. 505 to figure the tax. . .

7 Alternative minimum tax from Form 6251 or included on Form 1040A, line 28 . . . . . . .

Add lines 6 and 7. Add to this amount any other taxes you expect to include in the total on Form

1040, line 44 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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 (see instructions) . . . . . . . . . . . . . . . . . . . . . . . 12

13a Add lines 10 through 12 . . . . . . . . . . . . . . . . . . . . . . . . .

13a

Earned income credit, additional child tax credit, fuel tax credit, net premium tax credit,

refundable American opportunity credit, and refundable credit from Form 8885 . . . . . . .

13b

c Total 2017 estimated tax. Subtract line 13b from line 13a. If zero or less, enter -0- . . .

▶

13c

14a Multiply line 13c by 90% (66

/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 Pub. 505.

Income tax withheld and estimated to be withheld during 2017 (including income tax withholding

on pensions, annuities, certain deferred income, etc.) . . . . . . . . . . . . . . .

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.

If the first payment you are required to make is due April 18, 2017, enter ¼ of line 16a (minus any

2016 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 . . . . . . . . . . .

Form 1040-ES (2017)

-8-

Record of Estimated Tax Payments (Farmers, fishermen, and fiscal

year taxpayers, see Payment Due Dates.)

Keep for Your Records

Payment

number

Payment

due

date

(a) Amount

due

(b) Date

paid

money order number, or

credit or debit card

confirmation number

(d) Amount paid

(do not include

any convenience

fee)*

(e) 2016

overpayment

credit applied

(f) Total amount

paid and credited

(add (d) and (e))

4/18/2017

6/15/2017

9/15/2017

1/16/2018**

Total. . . . . . . . . . . . . . . . . . . . . . . .

▶

* You can deduct the convenience fee charged by the service provider in 2017 as a miscellaneous itemized deduction (subject to the 2%-of-AGI

limit) on your 2017 income tax return.

** You do not have to make this payment if you file your 2017 tax return by January 31, 2018, and pay the entire balance due with your return.

Privacy Act and Paperwork Reduction Act Notice. We ask for this

information to carry out the tax laws of the United States. We need it to

figure and collect the right amount of tax. Our legal right to ask for this

information is Internal Revenue Code section 6654, which requires that

you pay your taxes in a specified manner to avoid being penalized.

Additionally, sections 6001, 6011, and 6012(a) and their regulations

require you to file a return or statement for any tax for which you are

liable; section 6109 requires you to provide your identifying number.

Failure to provide this information, or providing false or fraudulent

information, may subject you to penalties.

You are not required to provide the information requested on a form

that is subject to the Paperwork Reduction Act unless the form displays

a valid OMB control number. Books or records relating to a form or its

instructions must be retained as long as their contents may become

material in the administration of any Internal Revenue law. Generally, tax

returns and return information are confidential, as stated in Code section

6103.

We may disclose the information to the Department of Justice for civil

and criminal litigation and to other federal agencies, as provided by law.

We may disclose it to cities, states, the District of Columbia, and U.S.

commonwealths or possessions to carry out their tax laws. We may also

disclose this information to other countries under a tax treaty, to federal

and state agencies to enforce federal nontax criminal laws, or to federal

law enforcement and intelligence agencies to combat terrorism.

If you do not file a return, do not give the information asked for, or

give fraudulent information, you may be charged penalties and be

subject to criminal prosecution.

Please keep this notice with your records. It may help you if we ask

you for other information. If you have any questions about the rules for

filing and giving information, please call or visit any Internal Revenue

Service office.

The average time and expenses required to complete and file this

form will vary depending on individual circumstances. For the estimated

averages, see the instructions for your income tax return.

If you have suggestions for making this package simpler, we would be

happy to hear from you. See the instructions for your income tax return.

Tear off here

Form

1040-ES

Department of the Treasury

Internal Revenue Service

2017 Estimated Tax

Payment

Voucher

OMB No. 1545-0074

File only if you are making a payment of estimated tax by check or money order. Mail this

voucher with your check or money order payable to “United States Treasury.” Write your

social security number and “2017 Form 1040-ES” on your check or money order. Do not send

cash. Enclose, but do not staple or attach, your payment with this voucher.

Calendar year—Due Jan. 16, 2018

Amount of estimated tax you are paying

by check or

money order.

Dollars

Cents

Print or type

Your first name and initial Your last name Your social security number

If joint payment, complete for spouse

Spouse’s first name and initial Spouse’s last name

Spouse’s social security number

Address (number, street, and apt. no.)

City, state, and ZIP code. (If a foreign address, enter city, also complete spaces below.)

Foreign country name Foreign province/county

Foreign postal code

For Privacy Act and Paperwork Reduction Act Notice, see instructions.

Form 1040-ES (2017)

-9-

THIS PAGE INTENTIONALLY LEFT BLANK

-10-

Form

1040-ES

Department of the Treasury

Internal Revenue Service

2017 Estimated Tax

Payment

Voucher

OMB No. 1545-0074

File only if you are making a payment of estimated tax by check or money order. Mail this

voucher with your check or money order payable to “United States Treasury.” Write your

social security number and “2017 Form 1040-ES” on your check or money order. Do not send

cash. Enclose, but do not staple or attach, your payment with this voucher.

Calendar year—Due Sept. 15, 2017

Amount of estimated tax you are paying

by check or

money order.

Dollars

Cents

Print or type

Your first name and initial Your last name Your social security number

If joint payment, complete for spouse

Spouse’s first name and initial Spouse’s last name

Spouse’s social security number

Address (number, street, and apt. no.)

City, state, and ZIP code. (If a foreign address, enter city, also complete spaces below.)

Foreign country name Foreign province/county

Foreign postal code

For Privacy Act and Paperwork Reduction Act Notice, see instructions.

Tear off here

Form

1040-ES

Department of the Treasury

Internal Revenue Service

2017 Estimated Tax

Payment

Voucher

OMB No. 1545-0074

File only if you are making a payment of estimated tax by check or money order. Mail this

voucher with your check or money order payable to “United States Treasury.” Write your

social security number and “2017 Form 1040-ES” on your check or money order. Do not send

cash. Enclose, but do not staple or attach, your payment with this voucher.

Calendar year—Due June 15, 2017

Amount of estimated tax you are paying

by check or

money order.

Dollars

Cents

Print or type

Your first name and initial Your last name Your social security number

If joint payment, complete for spouse

Spouse’s first name and initial Spouse’s last name

Spouse’s social security number

Address (number, street, and apt. no.)

City, state, and ZIP code. (If a foreign address, enter city, also complete spaces below.)

Foreign country name Foreign province/county

Foreign postal code

For Privacy Act and Paperwork Reduction Act Notice, see instructions.

Tear off here

Form

1040-ES

Department of the Treasury

Internal Revenue Service

2017 Estimated Tax

Payment

Voucher

OMB No. 1545-0074

File only if you are making a payment of estimated tax by check or money order. Mail this

voucher with your check or money order payable to “United States Treasury.” Write your

social security number and “2017 Form 1040-ES” on your check or money order. Do not send

cash. Enclose, but do not staple or attach, your payment with this voucher.

Calendar year—Due April 18, 2017

Amount of estimated tax you are paying

by check or

money order.

Dollars

Cents

Print or type

Your first name and initial Your last name Your social security number

If joint payment, complete for spouse

Spouse’s first name and initial Spouse’s last name

Spouse’s social security number

Address (number, street, and apt. no.)

City, state, and ZIP code. (If a foreign address, enter city, also complete spaces below.)

Foreign country name Foreign province/county

Foreign postal code

For Privacy Act and Paperwork Reduction Act Notice, see instructions.

Form 1040-ES (2017)

-11-

THIS PAGE INTENTIONALLY LEFT BLANK

-12-

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