Filed 2019 return and made 3 est pmts per tt prepared coupons...now have large cap gain in q4 2020...do i have to adjust next est pmt?

bmpearl — Thu, 08 Oct 2020 17:49:56 GMT

Re: Filed 2019 return and made 3 est pmts per tt prepared coupons...now have large cap gain in q4 2020...do i have to adjust next est pmt?

Critter-3 — Thu, 08 Oct 2020 22:21:00 GMT

Making estimates are to only make sure you will not have an underpayment penalty ... so you can just pay the last one as is but you will probably have a balance due to pay on 4/15. Or you can increase the last payment to reduce your eventual balance due.

What are estimated taxes?

https://ttlc.intuit.com/replies/3301588

Do I need to make estimated tax payments to the IRS?

https://ttlc.intuit.com/replies/3301891

Why did 1040-ES estimated tax vouchers print out? Do I need them?

https://ttlc.intuit.com/replies/3301872

How does TurboTax calculate my estimated tax payments?