When you prepare your 2024 return, we'll automatically calculate your 2025 estimated tax payments and prepare 1040-ES vouchers if we think you may be at risk for an underpayment penalty next year.
You can also calculate your 2025 estimated taxes and generate payment vouchers by doing this:
- Open or continue your return.
- Navigate to the 1040-ES section:
- TurboTax Online/Mobile: Go to 1040-ES.
- TurboTax Desktop: Search for 1040-es (be sure to include the dash) and select the Jump to link.
- Answer No to the question Do you want to change your W-4 withholdings for 2025?
- Answer questions about your 2025 filing status, income, and deductions.
- Eventually, you'll come to the Print Vouchers? screen. Answer Yes and we'll include your 2025 1040-ES payment vouchers when you print a copy of your return later.
See this help article and this one for more information.
This TurboTax tips article includes a good explanation of quarterly estimates.