Just got done going through turbotax. When finishing up everything, the "Federal Refund" in the upper lefthand box showed that we would be refunded $125. This is also reflected in the 1040 in boxes 34 and 35a (both clearly read 125). There is nothing in box 37 ("Amount you owe").
What's weird is when I went to submit the return I opened the final document to save/print and noticed there are 4 2025 Form 1040-ES Payment Vouchers for $360 each (meaning I would have to make four $360 payments every quarter this year). I have no idea where this is coming from. I searched the tax return document for "360" and "1440" (360x4), and no where in the return do these numbers show up.
Not really sure what to make of this. $125 is not a substantial amount for us, but I definitely don't want to be on the hook for $1440 (plus knowing my luck I would ignore it until the IRS bugs me in the mail).
