https://ttlc.intuit.com/community/taxes/discussion/why-do-i-have-to-fill-out-a-estimated-tax-worksheet-with-this-years-taxes/01/835817#M329023 Thu, 01 Aug 2019 16:42:34 GMT jhughes0701 2019-08-01T16:42:34Z https://ttlc.intuit.com/community/taxes/discussion/why-do-i-have-to-fill-out-a-estimated-tax-worksheet-with-this-years-taxes/01/835817#M329023 Thu, 01 Aug 2019 16:42:34 GMT https://ttlc.intuit.com/community/taxes/discussion/why-do-i-have-to-fill-out-a-estimated-tax-worksheet-with-this-years-taxes/01/835817#M329023 jhughes0701 2019-08-01T16:42:34Z https://ttlc.intuit.com/community/taxes/discussion/re-why-do-i-have-to-fill-out-a-estimated-tax-worksheet-with-this-years-taxes/01/836418#M329024 <H1><STRONG><FONT size="4">W</FONT></STRONG><STRONG><FONT size="4">hy did 1040-ES estimated tax vouchers print out? Do I need them?</FONT></STRONG></H1><DIV class="sh-ext-lemon--div-3uKWd sh-articleBody-3s-PL"><P class="sh-ext-lemon--p-UK6ra">TurboTax automatically includes 4 quarterly 1040-ES vouchers with your printout if you didn't withhold or pay enough tax this year. They do this to head off a possible underpayment penalty on next year's taxes.</P><P class="sh-ext-lemon--p-UK6ra">&nbsp;</P><P class="sh-ext-lemon--p-UK6ra">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.</P><P class="sh-ext-lemon--p-UK6ra">&nbsp;</P><P class="sh-ext-lemon--p-UK6ra"><STRONG>You're not required to make estimated tax payments</STRONG>; TurboTax just suggests it based on the info in your return. If you feel they're not needed for next year's taxes, you can shred them.</P><P class="sh-ext-lemon--p-UK6ra">&nbsp;</P><P class="sh-ext-lemon--p-UK6ra"><STRONG><FONT size="4">Do I need to make estimated tax payments to the IRS?</FONT></STRONG></P><P><A href="https://ttlc.intuit.com/community/tax-payments/help/do-i-need-to-make-estimated-tax-payments-to-the-irs/00/26017" target="_blank" rel="noopener">https://ttlc.intuit.com/community/tax-payments/help/do-i-need-to-make-estimated-tax-payments-to-the-irs/00/26017</A></P></DIV> Fri, 02 Aug 2019 22:06:46 GMT https://ttlc.intuit.com/community/taxes/discussion/re-why-do-i-have-to-fill-out-a-estimated-tax-worksheet-with-this-years-taxes/01/836418#M329024 bluedeb 2019-08-02T22:06:46Z