No one likes making payments to the IRS -- it's the ugly part about earning cash. If you work for wages, you probably have taxes withheld from your check automatically. However, if you’re self-employed or don’t pay in enough during the year, you might make estimated payments to cover your tax bill instead. These tax payments aren't automatically withheld. If you make estimated deposits during the year, you'll want to know exactly how much you paid in so you'll get credit for it on your next tax return. Just in case record keeping isn't your thing, there are a few ways you can get this information before you file.
Check your bank or credit card statements. If you made your estimated deposits on time each quarter, you made payments on or around April 15, June 15, September 15 and January 15.
Look at your tax return from last year. If you applied some or all of your tax refund from last year to your next return, the amount you applied is shown near the bottom of page 2.
Get your Electronic Funds Transfer Payment System (EFTPS) statements. If you use the EFTPS system to pay estimated taxes, log in to your account and view a statement of your payment transactions.
Order an IRS transcript. You can get a free transcript of your account for any tax year, including the current and last six years. An account transcript lists all estimated payments made toward your account during the year. Go to the irs.gov website and click the “Order a Return or Account Transcript” link under the “Tools” menu on the home screen.
Call the IRS. If you need your estimated tax information fast, call the IRS at 1-800-829-1040 for a verbal amount. Listen to the voice prompts and choose the option to speak with an agent. After the agent answers, tell them you need to know the dates and amounts of the estimated tax payments you made during the year. If you use this option, you still need to order a transcript or get proof of your payments from other sources to keep with your tax return records.
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