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coffmanjt
New Member

I received payment t coupons when I paid my taxes. Must I pay the future taxes with the coupons, or can I just adjust my W4 to increase my tax withholding?

 
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Texas Roger
Level 15

I received payment t coupons when I paid my taxes. Must I pay the future taxes with the coupons, or can I just adjust my W4 to increase my tax withholding?

Yes you can adjust your withholding on your W-4 rather than paying any quarterly estimated taxes. If you do that, just ignore the estimated tax payment vouchers. Remember to account for the fact that you are making the change to withholding at least 2 months into the year. 

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Texas Roger
Level 15

I received payment t coupons when I paid my taxes. Must I pay the future taxes with the coupons, or can I just adjust my W4 to increase my tax withholding?

Yes you can adjust your withholding on your W-4 rather than paying any quarterly estimated taxes. If you do that, just ignore the estimated tax payment vouchers. Remember to account for the fact that you are making the change to withholding at least 2 months into the year. 

View solution in original post

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