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chlydm
New Member

I started my own business March 2019 this means that I now have to file quarterly taxes? I recently filed my 2018 taxes, but now I don't see where I file the 2019 taxes?

 
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I started my own business March 2019 this means that I now have to file quarterly taxes? I recently filed my 2018 taxes, but now I don't see where I file the 2019 taxes?

On your TurboTax home page

  • Click Taxes
  • Click My Tax Timeline
  • Scroll down to things you can do
  • Click Add a state
  • Click File
  • This will allow you back in the system


Can TurboTax calculate next year's federal estimated taxes?

When you prepare your 2018 return, we'll automatically calculate your 2019 estimated tax payments and prepare 1040-ES vouchers if we think you may be at risk for an underpayment penalty next year.

You can also calculate your 2019 estimated taxes and generate the payment vouchers by doing this:

1.    With your tax return open, search for 1040-es (be sure to include the dash) and select the “Jump to” link.

2.    Answer No to the question Do you want to change your W-4 withholdings for 2019?

3.    On the next screen, Review Your Estimates, select Review Now. Answer the questions about things like your 2019 filing status, income, and deductions.

4.    Eventually, you'll come to the Print Vouchers? screen. Answer Yes and we'll include your 2019 1040-ES payment vouchers when you print a copy of your return later.

Rest assured that TurboTax uses the most recent tax rates when calculating your 2019 estimated taxes.

Related Information:

·         Can TurboTax calculate the estimated payments for next year's state taxes?

·         Do I need to make estimated tax payments to the IRS?

·         How do I make estimated tax payments?

·         What are the federal tax rates for 2018?


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