Get your taxes done using TurboTax

To avoid a Federal income tax underpayment penalty, you need to make sure you pay in at least: 

•  90% of your expected tax for 2016 or
• 110% of the taxes shown on your 2015 return. See Do I need to make estimated tax payments to the IRS?

To avoid a Virginia income tax underpayment penalty:

• You are required to file a tax return and your Virginia income tax liability, after subtracting income tax withheld and any allowable credits, is expected to be more than $150, then you must make estimated tax payments or have additional income tax withheld throughout the year from your wages or other income.

• You may not be required to file a Virginia income tax return or make estimated tax payments depending on your filing status and estimated annual income. Review Who Must File to see the income-threshold requirements. See the Virginia Individual Estimated Tax Payments .