MarilynG1
Expert Alumni

Get your taxes done using TurboTax

If you're at risk for an underpayment penalty next year, we'll automatically calculate quarterly estimated tax payments and prepare vouchers (Form 1040-ES) for you to print

 

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

 

If you had significant income from other sources besides your wages (capital gains, for example), this may prompt the estimated payments formula.

 

Here's more info on Estimated Taxes

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