Has anyone attempted to do their Minnesota estimated taxes yet? I have tried, but it does not appear to be calculating properly.

I will owe approximately $3,500 for next year, yet when Turbo Tax estimates my payments, it gives me four payments of $620 each. In my math that doesn't equal $3,500.

1581

Employee Tax Expert

Mar 18, 2025 6:16:34 PM

In the mock return I just completed for Minnesota, my 2025 estimates equaled the amount I chose, which was 100% of my 2025 estimated tax. I did not encounter any issues with the calculations. If you would like to have your estimates recalculated based on different information for 2025, please go back through your Minnesota return and select Yes for Estimated Taxes for 2025?

Why sign in to the Community?

Has anyone attempted to do their Minnesota estimated taxes yet? I have tried, but it does not appear to be calculating properly.