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How do I determine estimated payments for 2020 when my income changed in 2020? Do I still have to amend my 2019 return even though it is accurate?

 
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How do I determine estimated payments for 2020 when my income changed in 2020? Do I still have to amend my 2019 return even though it is accurate?

Estimated tax payments for 2020 are not included in your 2019 tax return if that is the reason you are asking about amending it. So there is no reason to amend it for that.

 

You can use Taxcaster to estimate them: https://turbotax.intuit.com/tax-tools/

 

Or you may be able to go into your tax return online and use a feature to do estimated taxes.  Click on Other Tax Situations and scroll down to W-4 and estimated taxes and update that. Say No to changing the W-4 and continue on. 

How do I determine estimated payments for 2020 when my income changed in 2020? Do I still have to amend my 2019 return even though it is accurate?

How do I access my 2019 return that has already been submitted and accepted.  I want to use it to estimate 2020 taxes.  I am retiring mid-2020 so my income will be significantly reduced in 2020.

How do I determine estimated payments for 2020 when my income changed in 2020? Do I still have to amend my 2019 return even though it is accurate?

If you are using the Online version Click on Add a State to let you back into your retun.  Be careful not to change anything except in the estimate section.

 

You can just type W4 in the search box at the top of your return , click on Find. Then Click on Jump To and it will take you to the estimated tax payments section. Say no to changing your W-4 and the next screen will start the estimated taxes section.

 

Or Go to….

Federal Taxes or Personal (Deskop H&B)

Other Tax Situations

Other Tax Forms

Form W-4 and Estimated Taxes - Click the Start or Update button

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