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ckcravens
New Member

We received a severance package in 2017, and will have little income in 2018, do we have to pay estimated taxes? Turbo tax printed estimated vouchers for 2018 for us

 
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KrisD
Intuit Alumni

We received a severance package in 2017, and will have little income in 2018, do we have to pay estimated taxes? Turbo tax printed estimated vouchers for 2018 for us

No, you do not need to pay estimated tax if you feel the 2018 tax will be paid properly throughout the year. 

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KrisD
Intuit Alumni

We received a severance package in 2017, and will have little income in 2018, do we have to pay estimated taxes? Turbo tax printed estimated vouchers for 2018 for us

No, you do not need to pay estimated tax if you feel the 2018 tax will be paid properly throughout the year. 

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