Get your free financial scoreSign inYour data on this device
Free to use. No account required.

How do I pay estimated taxes through EFTPS or IRS Direct Pay?

Self-employed people generally owe quarterly estimated taxes, and the two free federal options are EFTPS and IRS Direct Pay. EFTPS (the Electronic Federal Tax Payment System) requires a one-time enrollment but then lets you schedule payments in advance, view a full payment history, and handle business taxes — it's the workhorse for ongoing use. IRS Direct Pay needs no enrollment and pulls directly from your bank account for individual payments, making it quick for a one-off. Federal estimated payments are typically due April 15, June 15, September 15, and January 15 of the following year. Pay enough to cover your expected liability — a safe harbor is paying 100% of last year's tax, or 110% if you're a higher earner — to avoid underpayment penalties. Don't forget any state estimated payments, which often have their own portals and deadlines.

All questionsBrowse the articles
Educational disclaimer. Everything on WealthSerene.com is educational and is not investment advice. Projections and calculations are illustrative; actual results depend on market conditions, your situation and factors outside this tool’s scope. For a decision specific to your situation, consult a qualified financial professional. View full disclosures