mcgarrde
New Member

Retirement tax questions

Thanks, The federal withholding from all sources during 2020 was just over $18k which was submitted by plan administrators through out the year.  Don't understand why the 1040ES are required for 2021. If I were to make these suggested quarterly payments I would overpay next year's federal taxes by about $2k (which I do not plan to do). My question is why is the tax program generating the 1040ES forms?