Do I have to pay estimated taxes if I changed my tax withholdings and will not owe as much next year?
I owed a lot in taxes this year do to an error in tax withholdings on my w2. I have since changed the withholding amount and will just about break even next year. Do i still have to pay my estimated taxes this year?
01927
1 Best answer
Cynthiad66
Expert Alumni
Mar 11, 2024 11:15:02 AM
No, you do not have to pay estimated taxes if you have made adjustments to cover it.
1 Replies
Cynthiad66
Expert Alumni
Mar 11, 2024 11:15:02 AM
No, you do not have to pay estimated taxes if you have made adjustments to cover it.