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Quality Alert from SPEC Headquarters: 2018 Form 1040-ES

02 Feb 18
Kim Manuel
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Background: The IRS is continuing to update its programming and processing systems for some 2018 forms impacted by the Tax Reform Act.  This includes Form 1040-ES, Estimated Tax for Individuals, for all software vendors.  IRS expects to release this form to software vendor in mid-February.

Once the form is released TaxSlayer will update the software with the correct 2018 Form 1040-ES.  Until this form is released by IRS, VITA/TCE sites should not provide the 2017 coupons currently printing from the software to the taxpayer.

Message to the Taxpayer: Inform taxpayers that the 2018 1040-ES is not currently available from IRS due to the recent tax law changes and to check IRS.gov in late February to obtain the 2018 copy. Estimated payments are due quarterly so the first payment for the year is not due until April 15. So, there is time to determine the amount of your estimated payments.

Estimated payments are due on the 15th of April, June, September and January of the following year. Note: If these due dates fall on a Saturday, Sunday or legal holiday, the payments are due the next business day. Once available you may send estimated tax payments with the 2018 Form 1040-ES, pay online at https://www.irs.gov/payments, or from a mobile device using the IRS2Go app.

Thank you for your patience and continued support as we work through this process together.

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