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TurboTax automatically includes 4 quarterly 1040-ES vouchers with your printout if you didn't withhold or pay enough tax this year. We do this to head off a possible underpayment penalty on next year's taxes.
You're not required to make estimated tax payments; it's just a suggestion based on the info in your return. If you feel they're not needed for next year's taxes, you can shred them.TurboTax automatically includes 4 quarterly 1040-ES vouchers with your printout if you didn't withhold or pay enough tax this year. We do this to head off a possible underpayment penalty on next year's taxes.
You're not required to make estimated tax payments; it's just a suggestion based on the info in your return. If you feel they're not needed for next year's taxes, you can shred them.Still have questions?
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