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New Member
posted Feb 13, 2025 5:30:41 PM

Estimated Federal taxes required but always get a refund

Why does Turbo Tax require me to pay estimated federal taxes when I am owed a federal refund at year's end? This has happened for the last two years.  Thank you for your help.

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1 Replies
Level 15
Feb 13, 2025 5:40:59 PM

Do you mean the 1040ES vouchers?   Those are optional.   You are not required to make quarterly payments if you do not want to.   If you expect to owe at least $1000 at tax time next year, then using those to make estimated payments during the year can help you avoid a big tax bill or an underpayment penalty.  But the IRS is not requiring you to use them.  You can toss them out if you do not want to use them.