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bhillboop
New Member

Changing withholding on pension to avoid paying estimated taxes

I increased the withholding on my pension so I don't have to pay estimated taxes quarterly.  Is this okay?  When I printed my taxes to return it still prints estimated tax payment vouchers.  Do I just avoid sending that portion in with my taxes?

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2 Replies

Changing withholding on pension to avoid paying estimated taxes

The estimated tax payment Form 1040-ES are for your use only.  You do not have to use them and they are not reported to the IRS unless you print and mail them to the IRS with a payment.

bhillboop
New Member

Changing withholding on pension to avoid paying estimated taxes

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