I apparently did not pay my quarterly taxes through EFTPS as I thought. Tax paid in 2021 was $2947 with a refund of $6302. Estimated Quarterly taxes were $2988. What now

[dave4claudia]

Since the tax I paid last year almost equals the estimated Quarterly taxes for 2022, legally did I really need to pay quarterly taxes?

[Vanessa A]

If you are expecting a refund this year again, then no, you would not need to make quarterly payments.

If your tax situation changed drastically from last year and you actually will have a tax due of $2,988 when you file your taxes, then yes, you should have made quarterly payments.  

Quarterly payments are required if you expect to owe more than $1,000 when you file your taxes. 

If you do owe more than $1,000 and you did not pay more than 90% of your 2022 taxes liability or 100% of your 2021 tax liability you can request a penalty waiver by filing form 2210 in TurboTax.  This is at the end of the program under other tax situations. If a penalty is calculated, TurboTax will tell you the penalty amount and ask you if you would like to see if you qualify for a waiver. 

[fanfare]

you are not legally required to pay Estimated Tax.

IRS will penalize you if you don't comply with the Estimated Tax rules.

@dave4claudia