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They are optional to pay. The 1040ES quarterly estimated tax payments DO NOT get sent to the IRS or state with your return. So they won't be expecting them. If you are receiving a refund or low tax due and Turbo Tax prepared the vouchers then your tax liability was probably reduced by credits. Turbo Tax is very conservative and doesn't want you to owe too much next year. They might have printed out if you got a one time large income this year. Like if you took a IRA or 401K distribution or had a large capital gain. They are just a suggestion. You can ignore them if you want.
They are optional to pay. The 1040ES quarterly estimated tax payments DO NOT get sent to the IRS or state with your return. So they won't be expecting them. If you are receiving a refund or low tax due and Turbo Tax prepared the vouchers then your tax liability was probably reduced by credits. Turbo Tax is very conservative and doesn't want you to owe too much next year. They might have printed out if you got a one time large income this year. Like if you took a IRA or 401K distribution or had a large capital gain. They are just a suggestion. You can ignore them if you want.
TurboTax is not telling you that you are required to make any estimated tax payments.
TurboTax automatically creates four estimated tax payment vouchers for you to print out with your tax return. They are really just for your convenience.
These do not get transmitted to the IRS. You do not have to use them.
You can discard them if you like.
Click here for Estimated Taxes: How to Determine What to Pay and When
Click here for Estimated taxes
Click here for additional information on "How to Determine What to Pay and When
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