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Is there ever a tax return filing reason where there is a refund yet quarterly estimated taxes must be paid?

Is there ever a tax return filing reason where there is a refund yet quarterly estimated taxes must be paid as well? 

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Is there ever a tax return filing reason where there is a refund yet quarterly estimated taxes must be paid?

Yes----those 1040ES vouchers can help you avoid a big tax due at tax time next year.  If you expect to owe at least $1000 for 2024 you can use those to avoid an underpayment penalty for next time.  They are optional; you can shred them if you want to.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Is there ever a tax return filing reason where there is a refund yet quarterly estimated taxes must be paid?

If you are receiving a refund or low tax due and TurboTax prepared the vouchers then your tax liability was probably reduced by credits. Your Tax Liability is the amount on 1040 line 24.  It is the tax you owe on your income.  But you might qualify for credits that can reduce your tax due or even give you a refund.  Credits are on lines 27-31.

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