furfaromj
New Member

1040-ES Questions

When I filed my taxes in February 2019, TurboTax generated 4 vouchers for 1040-ES payments because I rolled over $15,000 in a traditional IRA to a Roth and had over $2000 in taxes due. I made the first 3 payments and have decided to take advantage of the solar electric tax credit for this year.

 

Do I have to mail in the voucher due on January 15, 2020. I'll have a great deal of tax credit and don't see a need to send it in unless the IRS would be expecting it and it would result in a penalty. I should be able to complete my taxes by early February, at the latest.