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Giachan
Returning Member

I don't believe I need to pay estimated tax for 2021 even though TurboTax said so when I filed my 2020 tax

I never had to pay any estimated tax since my employee withholds tax every year. 2020 is the 1st year that I need to pay <$1000 federal tax. When I filed my tax for 2020 with TurboTax, it automatically generated 1040-ES for me. I don't believe I need to pay the quarterly estimated tax since my employee is withholding tax on my W4. What can I do to make sure I don't need to pay 1040-ES?

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2 Replies
ee-ea
Level 15

I don't believe I need to pay estimated tax for 2021 even though TurboTax said so when I filed my 2020 tax

I don't believe I need to pay estimated tax for 2021 even though TurboTax said so when I filed my 2020 tax

You dpn't have to pay attention to those vouchers if you don't want to.

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