OK so last year my wife was not working and i get help to pay our health insurance, on May she start to work and i never update our income information, so now we end having to pay back that money we were getting to help pay our health insurance, that is how we end owned in the federal tax return.
Ok so we already fixed that problem (Health insurance) for this year we do not qualify to get assistance to pay our heath insurance; there for I don't think we will own money this coming year.
I have this estimated payments to make for next year return (4 payments) do i need to make those payments?
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No, the quarterly estimated tax forms are printed as a guide because there was a payment due on your federal return this year. If you feel that you will not be in a situation where you will owe taxes on your 2019 return, you do not need to make the payments. Just be aware that you can be penalized if you underpay for 2019. See more information below:
https://ttlc.intuit.com/replies/3301872
No, the quarterly estimated tax forms are printed as a guide because there was a payment due on your federal return this year. If you feel that you will not be in a situation where you will owe taxes on your 2019 return, you do not need to make the payments. Just be aware that you can be penalized if you underpay for 2019. See more information below:
https://ttlc.intuit.com/replies/3301872
Since you know why you got them you can ignore them. The estimated payments are optional to pay. They are estimates for next year. Turbo Tax doesn't want you to owe next year. They might have printed out if you got a one time large income this year. Like if you took a IRA or 401K distribution or a large capital gain. They DO NOT get sent to the IRS or state with your return.
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