LindaS5247
Expert Alumni

Get your taxes done using TurboTax

Those estimated tax payment vouchers print out for a convenience, and you do not have to use them.

 

TurboTax will automatically include four quarterly 1040-ES vouchers with your printout if you didn't withhold or pay enough tax this year. This is just to  head off a possible underpayment penalty on next year's taxes.

 

You also may get these vouchers if you're self-employed or had an unusual spike in your income this year. For example, if you sold stock or you took a large distribution from your retirement plan.

 

You're not required to make estimated tax payments; TurboTax is we're just suggesting it based on the info in your return. 

 

If you feel they're not needed for next year's taxes, you can shred them.


 

Click here for additional information about estimated payments to the IRS.
 

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