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jmt2012
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One of my revenue sources will decline from $48,000 to 24,000 in 2019 and there are no withholdings. How can I advise TurboTax of this to reduce my estimated payments?

 
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1 Reply

One of my revenue sources will decline from $48,000 to 24,000 in 2019 and there are no withholdings. How can I advise TurboTax of this to reduce my estimated payments?

Once you are fully logged into your return you can take the following steps to tell TurboTax your income will be less next year

  • Federal in the black on the left
  • Other Tax Situations
  • Answer the questions to get to the "We're almost there" screen
  • Click Add more uncommon situations
  • Show more next to Other Tax Forms
  • Start next to W-4 and Estimated Taxes
  • No to Do you want to change your W-4
  • Prepare Now to Estimated Taxes for 2019
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