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rrobert
New Member

Why does my federal tax return show an Estimated Payment Schedule for 2017

I paid $23,800 in 2016 and owe $344.  The schedule is showing a payment of $681 each quarter.
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PeterM
New Member

Why does my federal tax return show an Estimated Payment Schedule for 2017

If you’re at risk for an underpayment penalty next year, based on your 2016 information, Turbo Tax will automatically calculate estimated tax payments and prepare 1040-ES vouchers for you. Estimated taxes are recommended but not required.  




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PeterM
New Member

Why does my federal tax return show an Estimated Payment Schedule for 2017

If you’re at risk for an underpayment penalty next year, based on your 2016 information, Turbo Tax will automatically calculate estimated tax payments and prepare 1040-ES vouchers for you. Estimated taxes are recommended but not required.  




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