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You may send estimated tax payments with Form 1040-ES by mail, or you can pay online, by phone or from your mobile device using the IRS2Go app. You can also make your estimated tax payments through your online account, where you can see your payment history and other tax records. Go to IRS.gov/Account.
Pay your IL taxes online to avoid late payment penalties before, or on April 18, 2023 at MyTax Illinois and not have to mail in Form IL-505-I.
Entities and individuals can pay all their federal taxes using EFTPS, including quarterly Form 1040-ES estimated taxes, and they can make payments weekly, monthly, or quarterly. Both business and individual payments can be scheduled in advance.
For trusts, distributions are taxable to the beneficiary, and the trust must file a Schedule K-1 for each beneficiary paid. The beneficiary will then report the income on their tax return. The trust must also generate a Form 1041 to report the total amount of income the trust earned from the grantors date of death.
Pay your IL taxes online to avoid late payment penalties before, or on April 18, 2023 at MyTax Illinois and not have to mail in Form IL-505-I.
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You may send estimated tax payments with Form 1040-ES by mail, or you can pay online, by phone or from your mobile device using the IRS2Go app. You can also make your estimated tax payments through your online account, where you can see your payment history and other tax records. Go to IRS.gov/Account.
Trusts and estates are required to make estimated tax payments. However, an estate or a grantor trust to which the residue of the decedents estate passes under the will is not required to make estimated tax payments for tax years ending before the second anniversary of the decedents death (IRC 6654(l)(2) ).
Use Form 1040-ES to figure and pay your estimated tax for 2023. Estimated tax is the method used to pay tax on income that isnt subject to withholding (for example, earnings from self-employment, interest, dividends, rents, alimony, etc.).
Trusts. The trust may pay all of its estimated tax by April 18, 2022, or in four equal installments due by the following dates.
- Pay Illinois Taxes Online. ACI Payments, Inc. makes it easy to pay your Illinois State income tax, property taxes, federal income tax and other bills using a debit or credit card. Just click a button above or visit Who Can I Pay? to search bills by zip code.

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