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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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DanielV01
Expert Alumni

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?

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.

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1 Reply
DanielV01
Expert Alumni

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?

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.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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