I retired near the end of 2023. Turbo Tax is saying that I will need to make quarterly payments in 2024 when my income will be substantially less. Why?

[jmmosby]

My amount owed for Indiana State taxes is under the $1,000 threshold for penalties and should not trigger quarterly payments for 2024.

[VolvoGirl]

You can ignore them.  Just shred them.  The estimates are optional to pay and don't get sent with your return so the IRS won't be expecting them.  

[DoninGA]

You can ignore the Form 1040-ES payment forms for tax year 2024 if they are not needed.

[TomK2023]

You may get these vouchers if you're self-employed or had an uncharacteristic spike in your income this year. For example, you sold stock or took a large distribution from your retirement plan.

You're not required to make estimated tax payments; we're just suggesting it based on the info in your return. If you feel they're not needed for next year's taxes, you can shred them.