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jdforward
New Member

I'm having issues with the estimated tax for 2025 with my updated income and tax withholding. My changes are not being calculated into the estimate. Any suggestions?

My income will drop due to retirement, thus the changes are critical for the 2025 tax estimate
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1 Reply
MarilynG1
Employee Tax Expert

I'm having issues with the estimated tax for 2025 with my updated income and tax withholding. My changes are not being calculated into the estimate. Any suggestions?

If you know that your income will decrease significantly next year, you may not need to pay Estimated Taxes.

 

Here's info on Estimated Taxes that may help you and also How Does TurboTax Calculate Estimated Taxes. 

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