Is the 1040-es form mandatory to fill out prior to making the estimated tax payment? or can we skip that 1040-es form & go straight to making the payment?\nThank you!

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AI accountant’s answer:

The Form 1040-ES isn't mandatory to fill out before making your estimated tax payment. It's primarily a worksheet to help you calculate how much you should pay in estimated taxes. However, you can skip it if you already know the amount you need to pay. You can make your estimated tax payment directly online, by phone, or by mail. Just make sure your payment is accurate to avoid potential penalties for underpayment.

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V2 is still a fine-tuned instance of GPT-4. Improvements over V1 include more comprehensive tax code embeddings, and better chain-of-reasoning retrieval system.

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Keeper’s AI Accountant V2