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Get your taxes done using TurboTax
Yes, you can prepare the Colorado estimates within TurboTax.
To do this, log back into your TurboTax product and navigate to the state interview screens.
When you see the screen titled "A few things before we wrap up your state taxes" select Start to the right of Make Estimated Payments for Next Year.
Then, proceed to follow the questions in the interview screens to generate your estimated tax payments for Colorado based upon your anticipated increase in income.
Tax should be paid as income is earned. You can choose to annualize your income if you anticipate your extra income will be distributed during the last quarter of the year. This would potentially reduce any underpayment penalty.
If you prefer, you can also prepare your 2025 Colorado estimates directly through the Colorado Department of Revenue website.
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