turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Why is my 2024 tax return telling me I need to file estimated taxes for 2025? I am getting an $889 refund in 2024. I pay Federal withholding from my social security and monthly from my RMD. I am retired and do not work.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Why is my 2024 tax return telling me I need to file estimated taxes for 2025? I am getting an $889 refund in 2024. I pay Federal withholding from my social security and monthly from my RMD. I am retired and do not work.

You can ignore them.  The estimated payments are optional to pay. They are estimates for next year. Turbo Tax doesn't want you to owe 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 investment gains.    They DO NOT get sent to the IRS or state with your return.  The IRS won't be expecting them.

 

If you are receiving a refund or low tax due and TurboTax prepared the vouchers then your tax liability was probably reduced by credits.

View solution in original post

1 Reply

Why is my 2024 tax return telling me I need to file estimated taxes for 2025? I am getting an $889 refund in 2024. I pay Federal withholding from my social security and monthly from my RMD. I am retired and do not work.

You can ignore them.  The estimated payments are optional to pay. They are estimates for next year. Turbo Tax doesn't want you to owe 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 investment gains.    They DO NOT get sent to the IRS or state with your return.  The IRS won't be expecting them.

 

If you are receiving a refund or low tax due and TurboTax prepared the vouchers then your tax liability was probably reduced by credits.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question