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Do I still need to pay state Individual Estimated income tax payment ?

Since my annual gross earning has meet the threshold of estimated income tax payment, I am required to pay estimated tax. When I use the worksheet to figure out how much I should pay,  I  found that my W-2 state tax withholding is more than the 100% of 2020yr balance of tax, which is the total taxes  taken off tax credits in 2020 yr, but smaller than the 90% of 2021 yr estimated balance of tax, which is the total taxes taken off 2021 estimated tax credits. I wonder if I still need to pay estimated tax in 2021. Thank you. 

 

 

 

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4 Replies
rjs
Level 15
Level 15

Do I still need to pay state Individual Estimated income tax payment ?

What state? Each state has different rules. They are not necessarily the same as the federal rules. Check the estimated tax requirements for your state.

 

Do I still need to pay state Individual Estimated income tax payment ?

AZ.  Thanks for your response. 

rjs
Level 15
Level 15

Do I still need to pay state Individual Estimated income tax payment ?

See "Required Payments" on page 3 of the following booklet.


Arizona Booklet 140ES, 2021 Individual Estimated Income Tax Payment

 

Do I still need to pay state Individual Estimated income tax payment ?

Thank you so much!

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