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Am I supposed to pay the amount on the form at the end of my completed tax return for Maryland: MY PERSONAL DECLARATION OF ESTIMATED TAX: Pay $540.00 by January 2018

 
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TerryA
Intuit Alumni

Am I supposed to pay the amount on the form at the end of my completed tax return for Maryland: MY PERSONAL DECLARATION OF ESTIMATED TAX: Pay $540.00 by January 2018

Form 502DEP is for estimated income taxes for next year (2017) and are optional. TT/Maryland computed them up based on information in your 2016 return - usually when your tax withholding isn't enough to cover your taxes - to help prevent an underpayment of estimated tax for 2017.

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