JohnW152
Expert Alumni

State tax filing

@ElanMH

Yes, it also applies to Georgia and, no, there’s no reason to think you need to amend your return, or that you’ve done anything wrong. 

As noted above, the program generated the Estimated Vouchers because you owed state tax for 2020, and to help you avoid owing and incurring penalties for 2021.  Making these estimated payments is optional.

The required annual payment to avoid an underpayment penalty for Georgia is the lesser of 

  • 70% of current year tax liability, or
  • 100% of prior year tax liability.

For more information, please see the 2021 500-ES Estimated Tax for Individuals and Fiduciaries link on the 500-ES Individual and Fiduciary Estimated Tax Payment Voucher page.