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usmcdma
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Why am I paying federal estimated taxes for 2017 when i am get a refund for 2016

 
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HelenaC
New Member

Why am I paying federal estimated taxes for 2017 when i am get a refund for 2016

TurboTax may print these vouchers if you're self-employed, had an uncharacteristic spike in your income this year or any number of other reasons. For example, you sold stock or took a large distribution from your retirement plan. 

You're not required to make estimated tax payments; we're just suggesting it based on the info in your return. If you feel they're not needed for next year's taxes, you can shred them.

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HelenaC
New Member

Why am I paying federal estimated taxes for 2017 when i am get a refund for 2016

TurboTax may print these vouchers if you're self-employed, had an uncharacteristic spike in your income this year or any number of other reasons. For example, you sold stock or took a large distribution from your retirement plan. 

You're not required to make estimated tax payments; we're just suggesting it based on the info in your return. If you feel they're not needed for next year's taxes, you can shred them.

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