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Level 1
June 4, 2019
Question

Should I pay 2019 estimated tax if my employee withhold taxes from my paycheck?

  • June 4, 2019
  • 1 reply
  • 4 views
Turbo tax calculated 2019 estimated tax payment and I never had to do this

1 reply

VolvoGirl
Level 15
June 4, 2019
You mean if your employer withholds taxes?

Turbo Tax is very conservative and doesn't want you to owe next year.  They might have printed out if you got a big one time increase in income.   like if you took a IRA or 401K Withdrawal or had a big stock gain.  They are optional to pay.  They don't get sent in with your tax return so the IRS won't be expecting them.  You can ignore them.