Solved: Do I have to pay estimated taxes if my wife will no longer make 1099 income this coming year? We file jointly and I'm a W-2 employee.
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Anonymous
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Do I have to pay estimated taxes if my wife will no longer make 1099 income this coming year? We file jointly and I'm a W-2 employee.

Am I forced to pay the amount TurboTax calculated? I don't want to incur any penalties. My wife will either work as a W-2 employee or not work at all this year.
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Level 2

Do I have to pay estimated taxes if my wife will no longer make 1099 income this coming year? We file jointly and I'm a W-2 employee.

You are not required to pay estimated taxes if you estimate that your withholding for 2018 will cover your 2018 tax bill.

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Level 2

Do I have to pay estimated taxes if my wife will no longer make 1099 income this coming year? We file jointly and I'm a W-2 employee.

You are not required to pay estimated taxes if you estimate that your withholding for 2018 will cover your 2018 tax bill.

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Level 15

Do I have to pay estimated taxes if my wife will no longer make 1099 income this coming year? We file jointly and I'm a W-2 employee.

The filing of the form 1040-ES that TT prepares is optional
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