Sure if the withholding and estimates will be enough to cover the tax on your income, why are you paying estimates? Do you have self employment income? Estimates are optional to pay. You can cross out the amount and write in a new amount or pay directly online.
You must make quarterly estimated tax payments for the current tax year if both of the following apply:
- 1. You expect to owe at least $1,000 in tax for the current tax year, after subtracting your withholding and credits.
- 2. You expect your withholding and credits to be less than the smaller of:
90% of the tax to be shown on your current year’s tax return, or 0
100% of the tax shown on your prior year’s tax return. (Your prior year tax return must cover all 12 months.)
