tax tips for tax year 2008
Payments & Estimated Tax For 2009
Payments
Most international taxpayers who owe tax on their 2008 tax return, pay by check, money order, or credit card. You cannot pay in cash.
Checks or money orders must be issued in U.S. Dollars and made payable to the “United States Treasury.” Please make sure the following information is included on your check or money order: (a) your Social Security Number or Individual Taxpayer Identification Number (ITIN); (b) the year for which the payment is being made as well as the type of tax return being filed (e.g., Form 1040, 1040-ES, etc.); (c) your name, if it is not clearly listed on the check or money order; and (d) your daytime phone number.
Credit card payments may be made using any major credit card, including Visa, MasterCard, and American Express, through the following providers:
| Official Payments Corporation +1 (800) 272-9829 or +1 (877) 754-4413 www.officialpayments.com |
Link2Gov Corporation +1 (888) 729-1040 or +1 (888) 658-5465 www.pay1040.com |
Estimated Tax for 2009
Estimated tax is used to pay tax on income that is not subject to any, or sufficient, withholding. In most cases, you must make estimated tax payments if you expect to owe at least $1,000 in tax for 2009 (after subtracting your withholding and credits) and you expect your withholding and credits to be less than the smaller of:
1. 90% of the tax to be shown on your 2009 tax return; or
2. 100% of the tax shown on your 2008 tax return if such return covered all twelve months of the tax year.
Exception: U.S. citizens or resident aliens for all of 2008 do not have to pay estimated tax if they had no tax liability for the full twelve-month 2008 tax year.
For further information or to pay estimated tax for 2009 as a U.S. citizen or resident alien, please consult Form 1040-ES.