As of 4th quarter last year, I'm no longer self employed. Do I still have to make 1040ES payments, since any taxes will be withheld by my employer?

Total income will remain the same, but I REALLY despise the idea of 'giving' the Federal government many thousands of dollars that will end up being refunded, since there will be tax withholding and I will not be responsible for SE Social Securiity taxes any longer.

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1 Best answer

Level 15

Jun 6, 2019 3:55:30 AM

No. Unless you need it to cover income from the the first part of the year. You can just ignore it.

Level 15

Jun 6, 2019 3:55:30 AM

No. Unless you need it to cover income from the the first part of the year. You can just ignore it.

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As of 4th quarter last year, I'm no longer self employed. Do I still have to make 1040ES payments, since any taxes will be withheld by my employer?