When you prepare your 2018 return, TurboTax will automatically calculate your 2019 estimated tax payments and prepare 1040-ES vouchers if the program thinks you may be at risk for an underpayment penalty next year. You may have not needed them but you can go back through to prepare your estimated taxes.
You can calculate your 2019 Federal estimated taxes and generate the payment vouchers by doing this:
- With your tax return open, search for 1040-es (be sure to include the dash) and select the “Jump to” link.
- Answer No to the question Do you want to change your W-4 withholdings for 2019?
- On the next screen, Review Your Estimates, select Review Now. Answer the questions about things like your 2019 filing status, income, and deductions.
- Eventually, you'll come to the Print Vouchers? screen. Answer Yes and we'll include your 2019 1040-ES payment vouchers when you print a copy of your return later.
Your 2019 Estimated State tax vouchers can be prepared through TurboTax. This is will be in the State section. As you go through your state, near the end, it will ask about estimated tax payments for the state.
