How do I view how my estimated taxes were calculated for 2025? They are 4x higher than last year and I expect to make less.

To adjust your estimated tax calculation for 2025, please follow the steps below:

1. Open your return.
2. Click on Federal.
3. Click on Other Tax Situations.
4. Click on Other Tax Forms.
5. Click Start or Revisit next to Form W-4 and Estimated Taxes. 
6. On the screen, Adjust How Much Tax You Pay, click No.
7. Click on Review Now for Review Your Estimates? screen.
8. Enter your information.

To adjust your estimated tax calculation for California, please follow the steps below:

1. Open your state return.
2. Continue through the pages until you reach the screen, A few things before we wrap up your state taxes.
3. Click Start next to Estimates for Next Year.
4. Enter your information for 2025. 

Thank you so much! I will give this a go in the morning. Have a great weekend 🙂

Thanks again, Leah! I followed your directions and was able to reduce my estimates for the feds. They were based on an unusually good stock market which this administration is reversing and realized gains based on some big withdrawals.  I estimated more modest gains for this year, based on projected lower realized capital gains. I never got the prompt to edit my state estimates, so I may just reduce them by the same percentage as the federal. Really appreciate it!