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Can TurboTax calculate next year's federal estimated taxes?

SOLVEDby TurboTax2542Updated 6 days ago

When you prepare your 2022 return, we'll automatically calculate your 2023 estimated tax payments and prepare 1040-ES vouchers if we think you may be at risk for an underpayment penalty next year.

You can also calculate your 2023 estimated taxes and generate the payment vouchers by doing this:

  1. With your tax return open, search for 1040-es (be sure to include the dash) and select the Jump to link
  2. Answer No to the question Do you want to change your W-4 withholdings for 2023?
  3. Answer the questions about things like your 2023 filing status, income, and deductions
  4. Eventually, you'll come to the Print Vouchers? screen. Answer Yes and we'll include your 2023 1040-ES payment vouchers when you print a copy of your return later

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