Problem Description

How do I setup the return to pay the Federal estimates electronically?

Solution Description
Federal estimates can be paid electronically in Lacerte.  This feature is only available for electronically filed returns and must be set up prior to sending the return.  This information will automatically be included in the client letter. Your Federal estimated tax payments will be directly withdrawn from your bank account in accordance with the estimated tax payment schedule.  
To setup Federal estimates electronically:
  1. Go to Screen 3, Misc. Info./Direct Deposit.
  2. Scroll down to the Direct Deposit of Refund/Electronic Payment section.
  3. Check the box, Electronic Payment of Estimated Tax.
  4. Enter the bank account information under the Financial Institution subsection.
Additional Information:
  • Federal Estimates can only be paid with the e-filed 1040 return. 
  • Paper filed 1040 returns must mail the estimate vouchers Form 1040-ES. 
  • The Federal Estimate payment information will be sent when you e-file the Federal return.  The estimate payment information is not included with the filing of the extension. 
  • The E-File Estimated Payments Wizard available in the e-file menu is only available for select Federal and State returns.  For a complete list see Using the E-file Estimated Payment Wizard 
  • Lacerte has no records of whether or not electronic payments of estimated taxes are being withdrawn. To find out or cancel a payment, call the IRS e-file Payment Services at 1-888-353-4537 to inquire about or cancel your payment, but please wait 7 to 10 days after your return was accepted before calling. See the IRS Pay Taxes by Electronic Funds Withdrawal under the Cancellation, Errors, and Questions section for more information