turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
turbotax icon
turbotax icon
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

If I filed a tax extension and paid amount due, do I have to send estimated tax payments?

I will have to file a K-1 in september
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

If I filed a tax extension and paid amount due, do I have to send estimated tax payments?

Paying with a 2021 extension is for the 2021 tax return only.   If you need to file quarterly estimated payments for the 2022 tax year then that is a totally separate situation.

 

The following is the general rule:

 

You must pay estimated tax for 2022 if both of the following apply.

  1. You expect to owe at least $1,000 in tax for 2022 after subtracting your withholding and tax credits.
  2. You expect your withholding and tax credits to be less than the smaller of: 
    1. 90% of the tax to be shown on your 2022 tax return, or
    2. 100% of the tax shown on your 2021 tax return. Your 2021 tax return must cover all 12 months.

 

Note: If your AGI for 2021 was more than $150,000 ($75,000 if your filing status for 2022 is married filing a separate return), substitute 110% for 100% in (2b)

 

If I filed a tax extension and paid amount due, do I have to send estimated tax payments?

"I filed a tax extension"

 

Any 2021 tax was due on April 18th, 2022.

 

@seawitch2 

Use your Intuit Account to sign in to TurboTax.
By selecting Sign in, you agree to our Terms and acknowledge our Privacy Statement.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question

Related Content

Manage cookies