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1920november
New Member

My just filed taxes include a one time chunk of money. consequently the Fed and State now think I should file ES payments for this current year. How to I correct that?

I had a 1 time income boost for 2018 due to an annuity.  The large income calculated large ES tax payments for 2019.  I wont owe that and cannot make those payments.  How can I avoid these ES payments that are based on 2018 earnings.

1 Reply
WillK
Level 9

My just filed taxes include a one time chunk of money. consequently the Fed and State now think I should file ES payments for this current year. How to I correct that?

You do not need to pay the ES taxes that the program has calculated for you. If your tax payments will remain like they did for 2018 and your income remains like it did in 2018 you should be all set. 

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