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Returning Member
posted Oct 14, 2019 7:54:21 PM

I am a new Sole Proprietor, which just established my DBA. I wanted to use Turbo Tax to help me estimate my tax payments and issue vouchers, is this possible?

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1 Replies
Level 15
Oct 14, 2019 8:01:01 PM

Congratulations!

 

TurboTax doesn't actually help you calculate your estimated tax payments.  I'd recommend using the IRS Publication linked below.  There are worksheets on pages 6 and 8 to assist you in accurately calculating your quarterly estimated tax payments.

 

Additionally, you'll see the 4 vouchers you've referenced.  Please note that these forms are "form-fillable" and can be printed and mailed.  There are other options, however, to make your payments.  You'll see the other options within the publication.

 

https://www.irs.gov/pub/irs-pdf/f1040es.pdf

 

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