Please see the following information:The 1040ES are for next year. The 1040ES quarterly estimated tax
payments DO NOT get sent to the IRS or state with your return. They are
optional to pay. Turbo Tax is very conservative and doesn't want you to
owe too much next year. They might have printed out if you got a one
time large income this year. Like if you took a IRA or 401K
distribution. You can ignore them. You might want to adjust your
withholding at work so you won't owe too much next year.
If you
are receiving a refund or low tax due and TurboTax prepared the vouchers
then your tax liability was probably reduced by credits. Your Tax
Liability is the amount on 1040 line 44. It is the tax you owe on your
income. But you might qualify for credits that can reduce your tax due
or even give you a refund. Credits are on lines 47-55.
You can
ignore them. The estimated payments are optional to pay. They are
estimates for next year. Turbo Tax doesn't want you to owe next year.
They might have printed out if you got a one time large income this
year. Like if you took a IRA or 401K distribution. They DO NOT get sent
to the IRS or state with your return.
You might want to
adjust your withholding at work so you won't owe too much next
year. They don't get sent with your tax return to the IRS or state.
