Form IT-540ES, Estimated Tax Declaration Voucher for Individuals, is used to make estimated Louisiana income tax payments during the year. Estimated tax payments are advance payments toward your expected Louisiana individual income tax liability. They are commonly needed when you have income that is not subject to sufficient Louisiana withholding, such as self-employment income, interest, dividends, rental income, unemployment compensation without voluntary withholding, or other taxable income. The program can generate Form IT-540ES vouchers when estimated tax payment information is entered.
Do I need to make estimated payments?
It depends. Louisiana generally requires individuals to make estimated tax payments if their Louisiana income tax, after credits and withholding, can reasonably be expected to exceed:
- $1,000 for single filers (Single, Head of Household, Married Filing Separately, and Qualifying Surviving Spouse)
- $2,000 for joint filers (Married Filing Jointly)
When are Louisiana Estimated Payments due?
| Payment | Due date |
| 1st payment | April 15 |
| 2nd payment | June 15 |
| 3rd payment | September 15 |
| 4th payment | January 15 of the following year |
What happens if I do not pay enough estimated tax?
Special rules for farmers and fishermen
Louisiana provides special estimated tax rules for individuals who earn at least two-thirds of their gross income from farming or fishing. These taxpayers may generally make one estimated tax payment by January 15 of the following year.
In addition, estimated tax payments may not be required if the farmer or fisherman files their Louisiana income tax return by March 1 of the following year and pays the total tax due.
Program Entry
To generate Louisiana estimated tax payment vouchers, navigate to:
- State
- Edit Louisiana using the three dots
- Miscellaneous Forms
- Estimated Payment Vouchers, Form IT-540ES