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AmyATX
Employee Tax Expert
Employee Tax Expert
Member profile
CPA, 25+ Experience
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  • The IRS tool works against the current year (2025) so if you only owed a relative small amount (hundreds) that same amount of income would have fewer taxes on i...
    AmyATX
    2
    Updated May 28, 2025
  • All other things equal (consistent income, deductions, etc), you can change your withholding but adjusting the form W-4 from your employer. This means that your...
    AmyATX
    Updated May 28, 2025
  • If your income is consistent, then double check that your withholding was also consistent to see if this year varied from last year significantly. The other thi...
    AmyATX
    Updated May 28, 2025
  • Underpayment penalties can really add up even if your income is fairly consistent.TurboTax automatically calculates estimated tax payments based on your income ...
    AmyATX
    Updated Jun 06, 2025
  • Thanks for the question, Brian. TurboTax will, by default, calculate estimated tax payments based on your current year. These estimated tax payments are based ...
    AmyATX
    Updated May 28, 2025
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