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J
joeravenelle
Level 1
June 4, 2019
Question

1040 ES Estimated payments

  • June 4, 2019
  • 1 reply
  • 13 views
My wife and I just completed our 2019 taxes and we're getting small (under $1,000) refunds. When we printed out the final forms, TurboTax included 2019 Form 1040 ES Payment Vouchers indicating we should send in estimated quarterly payments of $,1003.00 per quarter. We are W-2 wage earners, never filed estimated payments, and almost always get back small refunds. Why would we now be liable for estimated payments if we just received a refund?"

1 reply

M
MinhT1
Level 15
June 4, 2019

If you are both employees on W-2s, you can disregard these vouchers. They only apply to self-employed people.

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