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# How does TurboTax calculate my estimated tax payments?

##### by TurboTax• Updated 1 week ago

Based on your 2023 tax info, we’ll use the lower of the following IRS-approved methods to calculate your estimated tax payments.

- 90% of your estimated 2024 taxes
- 100% of your actual 2023 taxes (110% if your adjusted gross income was higher than $150,000, or $75,000 if Married Filing Separately)

There are two additional IRS-approved methods available:

- 100% of your estimated 2024 taxes
- 66 2/3% of your estimated 2024 taxes (farmers and fishermen only)

If you’d like to use one of the additional methods, answer **Yes** to the question *Do you want to adjust your income or deduction?* on the *Review Your Estimates for 2024* screen. Once you review your income and deductions, you’ll have the option to select from any of the four methods.

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