TurboTax uses the most recent information when calculating your 2021 estimated taxes. If you want to adjust for different income or deductions for 2021, then you are able to do so in TurboTax. Please follow these steps to calculate and generate new 1040-ES vouchers: With your tax return open, search for 1040-es (be sure to include the dash) and select the Jump to link. Answer No to the question Do you want to change your W-4 withholdings for 2021? Answer the questions about things like your 2021 filing status, income, and deductions. Eventually, you'll come to the Print Vouchers? screen. Answer Yes and we'll include your 2021 1040-ES payment vouchers when you print a copy of your return later.

TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Dac53

Level 2

Solved

Estimated taxes

Forum|Forum|5 years ago
March 22, 2021
4 replies
18 views

No text available

Best answer by LenaH

TurboTax uses the most recent information when calculating your 2021 estimated taxes. If you want to adjust for different income or deductions for 2021, then you are able to do so in TurboTax.

Please follow these steps to calculate and generate new 1040-ES vouchers:

With your tax return open, search for 1040-es (be sure to include the dash) and select the Jump to link.
Answer No to the question Do you want to change your W-4 withholdings for 2021?
Answer the questions about things like your 2021 filing status, income, and deductions.
Eventually, you'll come to the Print Vouchers? screen. Answer Yes and we'll include your 2021 1040-ES payment vouchers when you print a copy of your return later.

LenaH

Answer

Alumni - Expert

TurboTax uses the most recent information when calculating your 2021 estimated taxes. If you want to adjust for different income or deductions for 2021, then you are able to do so in TurboTax.

Please follow these steps to calculate and generate new 1040-ES vouchers:

With your tax return open, search for 1040-es (be sure to include the dash) and select the Jump to link.
Answer No to the question Do you want to change your W-4 withholdings for 2021?
Answer the questions about things like your 2021 filing status, income, and deductions.
Eventually, you'll come to the Print Vouchers? screen. Answer Yes and we'll include your 2021 1040-ES payment vouchers when you print a copy of your return later.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

Dac53Author

Level 2

Thanks Lena for thoughtful reply but it didn't resolve my issue. I'll try to explain it better. I am retired and have no withholding. In 2020, I sold some stock at a capital gain and made an estimated tax payment using the IRS website. When I prepared my taxes using Turbotax I searched but could never find how to enter an estimated tax payment made in 4Q 2020 so the turbotax return, as filed, doesn't show this payment. My question was: do I now need file an amended return to get back the portion of the estimated tax not required. Secondly, unless I can figure out how to do this on Turbotax, I suppose my best bet is to do so by printing the form from the IRS website and filling it out manually.

gloriah5200

Level 10

You should wait to do anything until IRS has fully processed your return. IRS may adjust your refund by the estimated payment you made but did not report on your return. If they do increase your refund by the amount of estimated tax payment not included, then you should also wait for a letter of adjustment from them to be sure what changes were made.

If they just send you the refund you requested without including the omitted estimated tax payment, then you can amend your return at that point for the additional refund.