8896 Low Sulfur Diesel Fuel Production Credit

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I.R.S. SPECIFICATIONS
TO BE REMOVED BEFORE PRINTING
INSTRUCTIONS TO PRINTERS
Package 1040-ES(OCR) Inst., PAGE 1 OF 6
MARGINS; TOP 13mm (1/2"), CENTER SIDES. PRINTS: HEAD TO HEAD
PAPER: WHITE WRITING, SUB. 20.
INK: BLACK
FLAT SIZE: 216mm (8-1/2") x 279mm (11")
PERFORATE: None
DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

1040-ES (OCR)

Department of the Treasury
Internal Revenue Service

Purpose of This Package
Use this package to figure and pay your
estimated tax. If you are not required to
make estimated tax payments for 2007,
you can discard this package.
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
unemployment compensation and the
taxable part of your social security benefits.
See the 2006 instructions for your tax return
for details on income that is taxable.
The estimated tax worksheet on page
5 will help you figure the correct amount
to pay. If you are paying by check or
money order, use the estimated tax
payment vouchers in this package to
insure your estimated tax payments are
credited correctly to your account. Use
the Record of Estimated Tax Payments
on page 4 to keep track of the payments
you have made and the number and
amount of your remaining payments.
The estimated tax payment vouchers
are preprinted with your name, address,
and social security number (SSN). If your
name or SSN is not correct, please
make the necessary changes on the
vouchers. Cross out the name and SSN
of a deceased or divorced spouse.
Do not use for address change
notification. Do not use the vouchers in
this package to notify the IRS of a
change of address. If you have a new
address, file Form 8822, Change of
Address. The IRS will update your record
and send you new preprinted estimated
tax payment vouchers.
Note. Continue to use your old
preprinted vouchers to make payments
of estimated tax until you receive the
new vouchers. Do not correct the
address on the old vouchers.
If you do not want to receive
vouchers and envelopes,
TIP
simply begin making your
estimated tax payments
electronically.

Who Must Make Estimated
Tax Payments
The estimated tax rules apply to:
● U.S. citizens and residents,
● Residents of Puerto Rico, the Virgin
Islands, Guam, the Commonwealth of
the Northern Mariana Islands, and
American Samoa, and
● Nonresident aliens (use Form 1040-ES
(NR)).

Action

Date

Signature

O.K. to print
Revised proofs
requested

OMB No. 1545-0074

Estimated Tax for Individuals

2007

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General Rule. In most cases, you must
make estimated tax payments if you
expect to owe at least $1,000 in tax for
2007 (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 shown on your 2007
tax return, or
2. 100% of the tax shown on your 2006
tax return (see Higher Income Taxpayers
below).
However, if you did not file a 2006 tax
return or if your 2006 return did not cover
12 months, item (2) above does not apply.
Exception. You do not have to pay
estimated tax for 2007 if you were a U.S.
citizen or resident alien for all of 2006 and
you had no tax liability for the full
12-month 2006 tax year.
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 2006
or 2007 is from farming or fishing,
substitute 66 2/3% for 90% in (1) under
General rule, earlier.
Household employers. When figuring
the tax shown on your tax return, include
total household employment taxes (that is,
the amount before subtracting advance
EIC payments made to your employee(s))
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 for 2006 was more
than $150,000 ($75,000 if your filing
status for 2007 is married filing a separate
return), substitute 110% for 100% in
(2) under General rule, earlier. This rule
does not apply to farmers or fishermen.
Adjust 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.
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.

Cat. No. 23256S

You can also choose to have federal
income tax withheld from certain
government payments. For details, see
Form W-4V, Voluntary Withholding
Request.
You cannot make joint
estimated tax payments if you
or your spouse is a
CAUTION nonresident alien, you are
separated under a decree of divorce or
separate maintenance, or you and your
spouse have different tax years.

Additional Information You
May Need
You can find most of the information you
will need in Pub. 505, Tax Withholding
and Estimated Tax.
Other available information:
● Pub. 553, Highlights of 2006 Tax
Changes.
● Instructions for the 2006 Form 1040
or 1040A.
● Pub. 4492, Information for Taxpayers
Affected by Hurricanes Katrina, Rita, and
Wilma.
● What’s Hot at www.irs.gov.
For details on how to get forms and
publications, see page 7 of the
instructions for Form 1040 or 1040A.
If you have tax questions, call
1-800-829-1040 for assistance. For
TTY/TDD help, call 1-800-829-4059.

What’s New for 2007
Use your 2006 tax return as a guide in
figuring your 2007 estimated tax, but be
sure to consider the following changes.
For more information on these and other
changes that may affect your 2007
estimated tax, see Pub. 553.
Standard deduction. If you do not
itemize your deductions, you can take the
2007 standard deduction listed below for
your filing status.
IF your 2007 filing status is...

THEN your standard
deduction is...

Married filing jointly or
Qualifying widow(er)

$XX,XXX

Head of household

$ X,XXX

Single or Married filing separately

$ X,XXX

However, if you can be claimed as a
dependent on another person’s 2007 tax
return, your standard deduction is the
greater of:
● $850
● Your earned income plus $300 (up to
the standard deduction amount).
Your standard deduction is increased
by the following amount if, at the end of
2007, you are:

1
I.R.S. SPECIFICATIONS
TO BE REMOVED BEFORE PRINTING
INSTRUCTIONS TO PRINTERS
Package 1040-ES (OCR), PAGE 2 OF 6
MARGINS; TOP 13mm (1/2"), CENTER SIDES. PRINTS: HEAD TO HEAD
PAPER: WHITE WRITING, SUB. 20.
INK: BLACK
FLAT SIZE: 216mm (8-1/2") x 279mm (11")
PERFORATE: None
DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

● An unmarried individual (single or head
of household) and are:
65 or older or blind
$X,XXX
65 or older and blind
$X,XXX
● A married individual (filing jointly or
separately) or a qualifying widow(er) and
are:
65 or older or blind
$X,XXX
65 or older and blind
$X,XXX
Both spouses 65 or older
$X,XXX *
Both spouses 65 or older and blind $X,XXX *
* 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
CAUTION
separate return or (b) you were a
dual-status alien and you do not elect to
be taxed as a resident alien for 2007.
IRA deduction expanded. If you are
married filing jointly or a qualifying
widow(er), you may be able to take an
IRA deduction if you were covered by a
retirement plan and your 2007 modified
adjusted gross income is less than
$100,000.
Deduction for domestic production
activities. For 2007, the deduction rate
for income attributable to domestic
production activity will increase to 6%.
Earned income credit (EIC). You may
be able to take the EIC if:
● A child lived with you and you earned
less than $XX,XXX ($XX,XXX if married
filing jointly), or
● A child did not live with you and you
earned less than $XX,XXX ($XX,XXX if
married filing jointly).
Standard mileage rates. The 2007 rate
for business use of your vehicle is XX
cents a mile. The 2007 rate for use of
your vehicle to get medical care or move
is XX cents a mile. The 2007 rate for
charitable use of your vehicle is XX cents
a mile.
Expired tax benefits. At the time this
form went to print, the following benefits
were scheduled to expire at the end of
2006.
Certain relief granted for Hurricanes
Katrina, Wilma, and Rita.
● Tax-favored treatment of qualified
hurricane distributions from eligible
retirement plans.
● Increased limits and delayed
repayment on loans from qualified
employer plans.
● Increased limits for the Hope and
lifetime learning credits.
● Discharge of nonbusiness
indebtedness by reason of Hurricane
Katrina.
● Additional exemption for housing
individuals displaced by Hurricane
Katrina.
Page 2

Other benefits.
● Increased AMT exemption amount.
● The election to include combat pay as
earned income for purposes of
computing the earned income credit.

you to skip or lower the amount due for
one or more payments. If you use the
annualized income installment method,
be sure to file Form 2210, Underpayment
of Estimated Tax by Individuals, Estates,
and Trusts, with your 2007 tax return,
even if no penalty is owed.
Farmers and fishermen. If at least
two-thirds of your gross income for 2006
or 2007 is from farming or fishing, you
can do one of the following.
● Pay all of your estimated tax by
January 15, 2008.
● File your 2007 Form 1040 by March 3,
2008, and pay the total tax due. In this
case, 2007 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.

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To Figure Your Estimated
Tax, Use:

● The 2007 Estimated Tax Worksheet on
page 5.
● The Instructions for the 2007
Estimated Tax Worksheet on page 5.
● The 2007 Tax Rate Schedules on
page 6.
● Your 2006 tax return and instructions,
as a guide to figuring your income,
deductions, and credits (but be sure to
consider the items listed under What’s
New for 2007 that begin on page 1).
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), 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 Pub. 505 for details.
Changing your estimated tax. To
amend or correct your estimated tax, see
Amending Estimated Tax Payments on
this page.

Payment Due Dates
You can pay all of your estimated tax by
April 16, 2007, or in four equal amounts
by the dates shown below.
1st payment
April 16, 2007
2nd payment
June 15, 2007
3rd payment
Sept. 17, 2007
4th payment
Jan. 15, 2008*
* You do not have to make the payment
due January 15, 2008, if you file your 2007
tax return by January 31, 2008, and pay
the entire balance due with your return.

CAUTION

Payments are due by the
dates indicated whether or
not you are outside the United
States and Puerto Rico.

No income subject to estimated tax
during first payment period. If, after
March 31, 2007, 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 Pub. 505. Although your
payment due dates will be the same as
shown above, the payment amounts will
vary based on your income, deductions,
additional taxes, and credits for the
months ending before each payment due
date. As a result, this method may allow

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 2007 tax return. On the
statement, explain all of the estimated tax
payments you and your spouse made for
2007 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 2007 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.

Amending Estimated Tax
Payments
To change or amend your estimated tax
payments, refigure your total estimated
tax payments due (line 16 of the
worksheet on page 5). Then, to figure the
payment due for each remaining payment
period, see Amended estimated tax
under Regular Installment Method in
chapter 2 of Pub. 505. If an 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.

1
I.R.S. SPECIFICATIONS
TO BE REMOVED BEFORE PRINTING
INSTRUCTIONS TO PRINTERS
Package 1040-ES (OCR), PAGE 3 OF 6
MARGINS; TOP 13mm (1/2"), CENTER SIDES. PRINTS: HEAD TO HEAD
PAPER: WHITE WRITING, SUB. 20.
INK: BLACK
FLAT SIZE: 216mm (8-1/2") x 279mm (11")
PERFORATE: None
DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

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 Pub. 505 for
details.

Pay by Check or Money
Order Using the Estimated
Tax Payment Voucher
There is a separate estimated tax
payment voucher for each due date. The
due date is shown in the upper right
corner. Please be sure you use the
voucher with the correct due date for
each payment you make. 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 estimated
tax payment vouchers instead of a joint
voucher.
To complete the voucher, do the
following.
● 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 2006 overpayment that you
choose to credit against your 2007 tax,
but do not include the overpayment
amount in this box.
● Make your check or money order
payable to the “United States Treasury.”
Do not send cash. To help process your
payment, 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 xx⁄ 100 ”).
● Enter “2007 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.
● Mail your voucher and check or
money order to the address indicated
below.
● Fill in the Record of Estimated Tax
Payments below for your files.

Where to file your estimated tax
payment voucher. Mail your estimated
tax payment voucher and check or
money order to the address shown on
the right side of the voucher. Only the
U.S. Postal Service can deliver to this
address. Use the window envelopes that
were included with the vouchers. Do not
mail your tax return to this address.
Also, do not mail your estimated tax
payments to the address shown in the
Form 1040 or 1040A instructions.

savings account up to 365 days in
advance. You can also modify or cancel
payments up to two business days
before the scheduled withdrawal date. To
use EFTPS, you must enroll. Enroll online
at www.eftps.gov or call 1-800-555-4477
to receive an enrollment form and
instructions by mail. TTY/TDD help is
available by calling 1-800-733-4829.

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Note. Residents of Guam and the Virgin
Islands, mail your payment and voucher
to the applicable address below.
Guam:
Nonpermanent
residents

Internal Revenue Service
P.O. Box 80102
Cincinnati, OH 45280-0002
USA
Permanent Department of Revenue and Taxation
residents*
Government of Guam
P.O. Box 23607
GMF, GU 96921

Virgin Islands:
Nonpermanent
residents
Permanent
residents*

Internal Revenue Service
P.O. Box 80102
Cincinnati, OH 45280-0002
USA
V.I. Bureau of Internal Revenue
9601 Estate Thomas
Charlotte Amalie
St. Thomas, VI 00802

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

Pay Electronically
Paying electronically helps to ensure
timely receipt of your estimated tax
payment. You can pay electronically,
using the following convenient, safe, and
secure electronic payment options.
● Electronic Federal Tax Payment
System (EFTPS).
● Credit card.
● Electronic funds withdrawal.
When you pay taxes electronically, there
is no check to write and no voucher to
mail. Payments can be made 24 hours a
day, 7 days a week. You will receive a
confirmation number or electronic
acknowledgement of the payment. See
the instructions on page 4 for details.

Pay by Electronic Federal
Tax Payment System
(EFTPS)
EFTPS is a free tax payment system
designed with all taxpayers in mind.
Online or by phone, you input your tax
payment information electronically and
you are done. EFTPS offers you
convenience. Through EFTPS, you can
schedule one-time or recurring payments
for withdrawal from your checking or

Pay by Credit Card

You can use your American Express
Card, Discover Card, MasterCard
card, or Visa card to make estimated
tax payments. Call toll-free or visit the
website of either service provider listed
below and follow the instructions. A
convenience fee will be charged by the
service provider based on the amount
you are paying. Fees may vary between
providers. You will be told what the fee
is during the transaction and you will
have the option to either continue or
cancel the transaction. You can also find
out what the fee will be by calling the
provider’s toll-free automated customer
service number or visiting the provider’s
website shown below.
Official Payments Corporation
1-800-2PAY-TAXSM (1-800-272-9829)
1-877-754-4413 (Customer Service)
www.officialpayments.com
Link2Gov Corporation
1-888-PAY-1040SM (1-888-729-1040)
1-888-658-5465 (Customer Service)
www.pay1040.com
You will be given a confirmation
number at the end of the transaction. Fill
in the Record of Estimated Tax Payments
below. Enter the confirmation number in
column (b), but do not include the
amount of the convenience fee in
column (c).

Pay by Electronic Funds
Withdrawal
You can authorize an electronic funds
withdrawal payment to make a one-time
2007 estimated tax payment when you
electronically file your 2006 tax return.
This is a free option. The payment can be
withdrawn from a checking or savings
account. Regardless of whether you have
a balance due on your individual income
tax return, you can simultaneously e-file
the return and schedule a one-time
estimated tax payment for April 16, 2007,
June 15, 2007, or September 17, 2007.
Check with your tax return preparer or tax
preparation software for details. Your
scheduled payment will be acknowledged
when you file your tax return. Other
estimated tax payments can be made
electronically through EFTPS or by credit
card.

Page 3

1
I.R.S. SPECIFICATIONS
TO BE REMOVED BEFORE PRINTING
INSTRUCTIONS TO PRINTERS
Package 1040-ES(OCR), PAGE 4 OF 6
MARGINS; TOP 13mm (1/2"), CENTER SIDES. PRINTS: HEAD TO HEAD
PAPER: WHITE WRITING, SUB. 20.
INK: BLACK
FLAT SIZE: 216mm (8-1/2") x 279mm (11")
PERFORATE: None
DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

Payment
number

Record of Estimated Tax Payments (Farmers, fishermen, and fiscal year taxpayers, see page 3 for payment due dates.)
Payment
due
date

1
2
3
4
Total

4/16/2007

(a) Date
paid

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(c) Amount paid
(do not include
any credit card
convenience fee)

(b) Credit card
confirmation number

6/15/2007
9/17/2007
1/15/2008*

(d) 2006
overpayment
credit applied

(e) Total amount
paid and credited
(add (c) and (d))

©

*You do not have to make this payment if you file your 2007 tax return by January 31, 2008, and pay the entire balance due with your return.

2007 Estimated Tax Worksheet
1
2

Adjusted gross income you expect in 2007 (see instructions below)
● If you plan to itemize deductions, enter the estimated total of your itemized deductions.

3

Keep for Your Records
1

Caution: If line 1 above is over $150,500 ($75,250 if married filing separately), your deduction may be
reduced. See Pub. 505 for details.

2

● If you do not plan to itemize deductions, enter your standard deduction from page 1.
Subtract line 2 from line 1

3

Exemptions. Multiply $X,XXX by the number of personal exemptions. Caution: See Pub. 505 to figure the
amount to enter if line 1 above is over: $XXX,XXX if married filing jointly or qualifying widow(er); $XXX,XXX
if head of household; $XXX,XXX if single; or $XXX,XXX if married filing separately
Subtract line 4 from line 3
Tax. Figure your tax on the amount on line 5 by using the 2007 Tax Rate Schedules on page 6.
Caution: If you have qualified dividends or a net capital gain, see Pub. 505 to figure the tax
Alternative minimum tax from Form 6251
Add lines 6 and 7. Also include any tax from Form 4972 and Form 8814 and any recapture of
education credits
Credits (see instructions below). Do not include any income tax withholding on this line
Subtract line 9 from line 8. If zero or less, enter -0-

4

5
6
7
8
9
10
11

12
13a
b
c
14a

Self-employment tax (see instructions below). Estimate of 2007 net earnings from self-employment
$
; if $XX,XXX or less, multiply the amount by 15.3%; if more than $XX,XXX, multiply
the amount by 2.9%, add $XX,XXX to the result, and enter the total. Caution: If you also have wages subject
to social security tax, see Pub. 505 to figure the amount to enter
Other taxes (see instructions below)
Add lines 10 through 12
Earned income credit, additional child tax credit, and credits from Form 4136 and Form 8885
©
Total 2007 estimated tax. Subtract line 13b from line 13a. If zero or less, enter -014a
Multiply line 13c by 90% (662⁄ 3 % for farmers and fishermen)

4
5
6
7

8
9
10

11
12
13a
13b
13c

b Enter the tax shown on your 2006 tax return (110% of that amount if you are not a
farmer or fisherman and the adjusted gross income shown on that return is more
than $150,000 or, if married filing separately for 2007, more than $75,000)

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 Pub. 505.

Income tax withheld and estimated to be withheld during 2007 (including income tax withholding
on pensions, annuities, certain deferred income, etc.)
16a
16a Subtract line 15 from line 14c
Is the result zero or less?
Yes. Stop here. You are not required to make estimated tax payments.
No. Go to line 16b.
16b
b Subtract line 15 from line 13c

15

17

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 16, 2007, enter 1⁄ 4 of line 16 (minus any 2006
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. (Note: Household employers, see instructions below.)

Page 4

15

17

1
I.R.S. SPECIFICATIONS
TO BE REMOVED BEFORE PRINTING
INSTRUCTIONS TO PRINTERS
Package 1040-ES (OCR), PAGE 5 OF 6
MARGINS; TOP 13mm (1/2"), CENTER SIDES. PRINTS: HEAD TO HEAD
PAPER: WHITE WRITING, SUB. 20.
INK: BLACK
FLAT SIZE: 216mm (8-1/2") x 279mm (11")
PERFORATE: None
DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

Instructions for the 2007
Estimated Tax Worksheet
Line 1. Adjusted gross income. Use
your 2006 tax return and instructions as a
guide to figuring the adjusted gross
income you expect in 2007 (but be sure
to consider the items listed under What’s
New for 2007 that begin on page 1). For
more details on figuring your adjusted
gross income, see Expected Adjusted
Gross Income—Line 1 in chapter 2 of
Pub. 505. If you are self-employed, be
sure to take into account the deduction
for one-half of your self-employment tax.
Line 9. Credits. See the instructions for
the 2006 Form 1040, lines 47 through 55,
or Form 1040A, lines 29 through 34.
Line 11. Self-employment tax. If you
and your spouse make joint estimated
tax payments and you both have
self-employment income, figure the
self-employment tax for each of you
separately. Enter the total on line 11.

When figuring your estimate of 2007 net
earnings from self-employment, be sure
to use only 92.35% of your total net profit
from self-employment.
Line 12. Other taxes. Use the
instructions for the 2006 Form 1040 to
determine if you expect to owe, for 2007,
any of the taxes that would have been
entered on lines 60, 62, and 63 of the
2006 Form 1040. On line 12, enter the
total of those taxes, subject to the
following two exceptions.
Exception 1. Include household
employment taxes on this line only if:
● You will have federal income tax
withheld from wages, pensions,
annuities, gambling winnings, or other
income, or
● 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 one or both of the above,
include in the amount on line 12 the total
of your household employment taxes
before subtracting advance EIC
payments made to your employee(s).
Exception 2. Of the amounts for other
taxes that may be entered on line 63, do
not include on line 12: tax on recapture of
a federal mortgage subsidy, social
security and Medicare tax on unreported
tip income, uncollected employee social
security and Medicare tax or RRTA tax
on tips or group-term life insurance, tax
on golden parachute payments, or excise
tax on insider stock compensation from
an expatriated corporation. These taxes
are not required to be paid until the due
date of your income tax return (not
including extensions).
Line 17. If you are a household
employer and you make advance EIC
payments to your employee(s), reduce
your required estimated tax payment for
each period by the amount of advance
EIC payments paid during the period.

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2007 Tax Rate Schedules

Caution: Do not use these Tax Rate Schedules to figure your 2006 taxes. Use only to figure your 2007 estimated taxes.

Schedule X—Use if your 2007 filing status is
Single
If line 5 is:
Over—
$X
X,XXX
XX,XXX
XX,XXX
XXX,XXX
XXX,XXX

The tax is:
But not
over—
$X,XXX
XX,XXX
XX,XXX
XXX,XXX
XXX,XXX

$XXX.XX
X,XXX.XX
XX,XXX.XX
XX,XXX.XX
XX,XXX.XX

+
+
+
+
+

XX%
XX%
XX%
XX%
XX%
XX%

Schedule Z—Use if your 2007 filing status is
Head of household

of the
amount
over—

If line 5 is:

$X
X,XXX
XX,XXX
XX,XXX
XXX,XXX
XXX,XXX

$X
XX,XXX
XX,XXX
XXX,XXX
XXX,XXX
XXX,XXX

Over—

The tax is:
But not
over—
$XX,XXX
XX,XXX
XXX,XXX
XXX,XXX
XXX,XXX

$X,XXX.XX
X,XXX.XX
XX,XXX.XX
XX,XXX.XX
XX,XXX.XX

+
+
+
+
+

XX%
XX%
XX%
XX%
XX%
XX%

of the
amount
over—
$X
XX,XXX
XX,XXX
XXX,XXX
XXX,XXX
XXX,XXX

Schedule Y-1—Use if your 2007 filing status
is Married filing jointly or Qualifying
widow(er)

Schedule Y-2—Use if your 2007 filing status
is Married filing separately

If line 5 is:

of the
amount
over—

If line 5 is:

$X
XX,XXX
XX,XXX
XXX,XXX
XXX,XXX
XXX,XXX

$X
X,XXX
XX,XXX
XX,XXX
XX,XXX
XXX,XXX

Over—
$X
XX,XXX
XX,XXX
XXX,XXX
XXX,XXX
XXX,XXX

The tax is:
But not
over—
$XX,XXX
XX,XXX
XXX,XXX
XXX,XXX
XXX,XXX

$X,XXX.XX
X,XXX.XX
XX,XXX.XX
XX,XXX.XX
XX,XXX.XX

+
+
+
+
+

XX%
XX%
XX%
XX%
XX%
XX%

Over—

The tax is:
But not
over—
$XX,XXX
XX,XXX
XX,XXX
XX,XXX
XXX,XXX

$XXX.XX
X,XXX.XX
XX,XXX.XX
XX,XXX.XX
XX,XXX.XX

+
+
+
+
+

XX%
XX%
XX%
XX%
XX%
XX%

of the
amount
over—
$X
X,XXX
XX,XXX
XX,XXX
XX,XXX
XXX,XXX

Page 5

1
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This notice applies to all papers you
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If you do not file a return, do not give
the information asked for, or give
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Page 6
Printed on Recycled Paper

Please keep this notice with your
records. It may help you if we ask you for
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giving information, please call or visit any
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The average time and expenses
required to complete and file this form will
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If you have suggestions for making this
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