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Level 1
posted Jun 6, 2019 9:15:05 AM

I received Indiana tax form IT-40ES, I have my state taxes taken out through my pension, do I have to file IT40ES if I am paying enough through my pension deductions?

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1 Best answer
Expert Alumni
Jun 6, 2019 9:15:06 AM

No.  That form is to make estimated payments.  It is not required if you are already contributing in enough tax.  Sometimes, the state will send out these forms even if you owe a small amount.  But as long as you are paying enough in through withholdings, you do not need to make estimated payments.

1 Replies
Expert Alumni
Jun 6, 2019 9:15:06 AM

No.  That form is to make estimated payments.  It is not required if you are already contributing in enough tax.  Sometimes, the state will send out these forms even if you owe a small amount.  But as long as you are paying enough in through withholdings, you do not need to make estimated payments.