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Self employed
Hello @smahony, and thank you for your question. Let me try and answer this the best I can. There is no minimum estimated tax payment if your self-employment earnings are zero or are negative for the full year. I understand it is very hard to predict your income, and if you are at zero or are at a loss for the year, I do hope that it turns around for you soon.
If you want to attempt to estimate for the full year do this. From the Home Page, go to the Tax Returns and Documents area near the bottom. On the 2022 tab choose Add a State, which is below your Federal and State filings on the left side of the screen. You will not actually be adding a state, but just opening the Turbo Tax questions and answers that you previously completed, which is referred to as the interview.
So, at that point, you go under the Federal as opposed to the Personal or State areas. Then under Federal, go to Other Tax Situations; once there then go to Other Tax Forms, and then finally go to Form W-4 and Estimated Taxes.
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