Take a look at that section of your return and you can see if you should consider estimated payments. As you step through the screens answer any questions. Follow the steps in the link below.
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Take a look at that section of your return and you can see if you should consider estimated payments. As you step through the screens answer any questions. Follow the steps in the link below.
How do I print estimated tax vouchers? - Steps printed below for convenience.
Open or continue your return.
Navigate to the 1040-ES section:
TurboTax Online/Mobile: Go to the 1040-ES screen under Other Tax Situations.
TurboTax Desktop: Search for 1040-es and select the Jump to link or,
Go to Federal Taxes.
Go to Other Tax Situations.
Under Other Tax Forms, select Start or Update next to Form W-4 and estimated taxes
Once completed review your federal return again and the message should be gone. Please update here if you need further assistance and we will help.
Generally, you can avoid the penalty if your total timely estimated payments and withholdings are greater than or equal to the lesser of:
90% of the total tax after credits for the current year, or
100% of the total tax after credits in the prior year
See one exception below.
You can also avoid the penalty if the amount you owe is less than $1,000 as long as any estimated tax payments you made are timely.
Note: High-income taxpayers. If your adjusted gross income (line 11 of your 2025 Form 1040) is greater than $150,000 (or $75,000 if you're married and file a separate return from your spouse), you can avoid a penalty by paying at least 110% of your total tax from the prior year.