Follow the steps outlined below to get TurboTax to generate Form 1040-ES payment vouchers for next year. When you search, make sure you are all the way inside of your return. If you search from the Home Page, you will not get the desired results.
When you prepare your 2020 return, we'll automatically calculate your 2021 estimated tax payments and prepare 1040-ES vouchers if we think you may be at risk for an underpayment penalty next year. You can also calculate your 2021 estimated taxes and generate the payment vouchers by doing this:
- With your tax return open, search for 1040-es (be sure to include the dash) and select the Jump to 1040-es link.
- Answer No to the question Do you want to change your W-4 withholdings for 2021?
- Answer the questions about things like your 2021 filing status, income, and deductions.
- Eventually, you'll come to the Print Vouchers? screen. Answer Yes and we'll include your 2021 1040-ES payment vouchers when you print a copy of your return later. @eilerce
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