Jane-o
Level 2
03-19-2020
10:52 AM
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Federal tax return for 2019 shows balance due of $474.00. Why is it printing out estimated tax payment vouchers for 2020 in the amt. of $828.00 quarterly?
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Level 15
03-19-2020
12:02 PM
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Youd need to look at the ES worksheet and see which method its using to figure the payments.
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sjrcpa
Level 15
03-19-2020
12:05 PM
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Probably 110% of 2019 tax
The more I know the more I don’t know.
BobKamman
Level 15
03-19-2020
12:26 PM
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Did they make estimated tax payments for 2019 and still owe $474?
Jane-o
Level 2
03-21-2020
09:14 AM
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TY that was it!