topic Estimated Payments for 2019 in Get your taxes done using TurboTax

Estimated Payments for 2019

SB-Tiger — Tue, 04 Jun 2019 21:49:22 GMT

I have federal refund for this year ('18) and had refunds in past years also.

Why is Turbotax suggesting I prepay estimated taxes for 2019. Don't quite get it

Bigger refund next year

alisonlozares — Tue, 04 Jun 2019 21:49:24 GMT

Bigger refund next year

They may suggest you to continue estimated taxes if you h...

david-dick — Tue, 04 Jun 2019 21:49:25 GMT

They may suggest you to continue estimated taxes if you have already been doing so or if your W-2 paycheck withholding hasn't been or won't be sufficient to cover your total tax.

I already stated I get a refund every year including this...

SB-Tiger — Tue, 04 Jun 2019 21:49:26 GMT

I already stated I get a refund every year including this year. And I have never ever paid estimated taxes. Why should I now have to pay estimated taxes? Is everything becoming dumber?

If you are receiving a refund or low tax due and TurboTax...

VolvoGirl — Tue, 04 Jun 2019 21:49:28 GMT

If you are receiving a refund or low tax due and TurboTax prepared the vouchers then your tax liability was probably reduced by credits. Your Tax Liability is the amount on 1040 line 44. It is the tax you owe on your income. But you might qualify for credits that can reduce your tax due or even give you a refund. Credits are on lines 47-55. Excuse me, there are new schedules and lines for 2018.

You can ignore them. The estimated payments are optional to pay. They are estimates for next year. Turbo Tax doesn't want you to owe next year. They might have printed out if you got a one time large income this year. Like if you took a IRA or 401K distribution. They DO NOT get sent to the IRS or state with your return.