If you don't have any Colorado state taxes being withheld, you should consider making estimated payments in order to avoid an underpayment penalty on your return.
To calculate estimated payments, please follow these steps:
- Go into your CO return.
- Continue to the screen, A few things before we wrap up your state taxes. In the Other Forms section click the Start/Revisit box next to Make Estimated Payments for Next Year.
- On the next screen, Do you Want to Pay Colorado Estimated Taxes for 20XX? click the blue Yes box.
- Continue through the screens and TurboTax will calculate the estimates for you.
[Edited | 4/15/2020 | 7:40am PDT]
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
