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Can I change my income projection in turbo tax to limit by quarterly tax estimate due in 2025

 
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MindyB
Expert Alumni

Can I change my income projection in turbo tax to limit by quarterly tax estimate due in 2025

Yes. There are several ways to do this.  You can either directly make the payments at whatever amount you choose online at eftps.gov (no voucher needed); change the vouchers you printed manually; print vouchers and fill in as desired from the IRS 1040-ES; or update in TurboTax and reprint. 

 

Here is how to update in TurboTax Online:

  1. Navigate to Federal Taxes > Other Tax Situations
  2.  Go to Other Tax Forms
  3.  Start or Revisit Form W-4 and Estimated Taxes
  4. Continue past the W-4 section to get the estimated tax section, Estimated Taxes for 2025 
  5. You will be asked if you want to adjust  your income or deductions, answer yes, and manipulate the answers to increase your tax (in other words, estimate up income and/or down expenses)

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