TurboTax HelpTurboTax HelpIntuit

Can TurboTax calculate next year's federal estimated taxes?

by TurboTax2220 Updated 2 months ago

When you prepare your 2024 return, we'll automatically calculate your 2025 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 2025 estimated taxes and generate payment vouchers by doing this:

  1. Open or continue your return.
  2. Navigate to the 1040-ES section:
    • TurboTax Online/Mobile: Go to 1040-ES.
    • TurboTax Desktop: Search for 1040-es (be sure to include the dash) and select the Jump to link.
  3. Answer No to the question Do you want to change your W-4 withholdings for 2025?
  4. Answer questions about your 2025 filing status, income, and deductions.
  5. Eventually, you'll come to the Print Vouchers? screen. Answer Yes and we'll include your 2025 1040-ES payment vouchers when you print a copy of your return later.