Why do I get a refund through Turbo Tax but my tax refund download prints multiple vouchers with due dates to pay?

[Hans-noordhuis]

My PDF download shows multiple vouchers with due dates and money I need to pay to the IRS

[baldietax]

Those sounds like estimated tax vouchers, 1040-ES for 2026 tax year.

Turbotax by default will calculate that you need to pay 100% of 2025 tax (110% if AGI > 150k or 75k if filing status MFS) for 2026 to avoid penalty; subtracts your withholding for 2026 which is assumed to be the same as 2025; the end result divided by 4 is what you would need to pay in estimated taxes, in theory.

But this is a worst case - and not required to pay as printed - the prior tax year method is often an over-estimate as you can also just pay 90% of 2026 tax if that is smaller.  Under Other Tax Situations / Form W4 and Estimated Taxes you can provided other estimates for 2026.

I think you could have a refund and still show ES due for 2026, more likely if your AGI triggers the 110% rule, it depends the details.  In the PDF see if there is a worksheet "Estimated Tax Payment Options".

[SharonD007]

TurboTax generates estimated tax payment vouchers if you are self-employed or there was not enough withholding from your income. You do not have to make these payments; TurboTax calculated the estimated tax payments based on your information.

For more information, please review the TurboTax Help article Why did 1040-ES estimated tax vouchers print out? Do I need them?