How do I compute estimated taxes for 2020 before the Jan 15th deadline if W-2s don't come out until after that?

[sreimert]

How do I compute estimated taxes for 2020 before the Jan 15th deadline if W-2s don't come out until after that? TurboTax Help says it can't compute it until the return is complete.

[xmasbaby0]

Try the Taxcaster tool:

https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

What January 15 deadline are you referring to? Do you mean for 4th quarter estimated tax?

Employers have until February 1 to issue W-2's.

[VolvoGirl]

Jan 15 is the due date for the 4th quarter estimate payment.  You would need to use your 2019 return to calculate the estimates for 2020.  That's right, your 2019 return.

If you have the 2019 Desktop program you open your 2019 return.  You can just type W4 in the search box at the top of your return , click on Find. Then Click on Jump To and it will take you to the estimated tax payments section. Say no to changing your W-4 and the next screen will start the estimated taxes section.

Or Go to….

Federal Taxes or Personal (Deskop H&B)

Other Tax Situations

Other Tax Forms

Form W-4 and Estimated Taxes - Click the Start or Update button