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Get your taxes done using TurboTax
Do I need to make estimated tax payments to the IRS?
You must make quarterly estimated tax payments for the current tax year (or next year) if both of the following apply:
- 1. You expect to owe at least $1,000 in tax for the current tax year, after subtracting your withholding and credits.
- 2. You expect your withholding and credits to be less than the smaller of:
90% of the tax to be shown on your current year’s tax return, or
100% of the tax shown on your prior year’s tax return. (Your prior year tax return must cover all 12 months.)
https://ttlc.intuit.com/replies/3301891
How do I make estimated tax payments?
https://ttlc.intuit.com/replies/3301258
Can TurboTax calculate next year's federal estimated taxes?
https://ttlc.intuit.com/replies/4242911
Can TurboTax calculate the estimated payments for next year's state taxes?
March 30, 2021
5:24 AM
8,087 Views