turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

fj7
Level 1

Should i pay estimated taxes for 2023 if i got laid off and did not have any income in 2023?

I'm late filing my taxes for tax year 2022. For 2022, I am filing federal, New York state and California non-resident taxes (Form 540-NR). After i added in all my information in Turbo tax, the software included forms 540-ES as part of my California state tax return and suggested an amount of approx. $3k as estimated taxes to paid for taxable year 2023. Aside from the $3k payment, turbo tax calculated that I'm owed a refund for Federal and NYC. 

However I was laid off in November 2022 and aside from a small severance payment in Jan. 2023, I did not have any income. I also moved out of the US in December 2022.

 

Should i still pay the estimated taxes that was suggested as part of my 2023 Cali tax return? Very confused right now. Could somebody provide insight? 

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Should i pay estimated taxes for 2023 if i got laid off and did not have any income in 2023?

No.  Ignore the estimates for 2023.  It is too late to pay any estimates for 2023 and especially if you won't be filing a 2023 tax return or have any income.    The program doesn't know you are filing 2022 late.  They are just a suggestion.

View solution in original post

2 Replies

Should i pay estimated taxes for 2023 if i got laid off and did not have any income in 2023?

No.  Ignore the estimates for 2023.  It is too late to pay any estimates for 2023 and especially if you won't be filing a 2023 tax return or have any income.    The program doesn't know you are filing 2022 late.  They are just a suggestion.

fj7
Level 1

Should i pay estimated taxes for 2023 if i got laid off and did not have any income in 2023?

Thank you! 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies