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Federal estimated tax payments.

Jane-o
Level 2

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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Just-Lisa-Now-
Level 15
Level 15

Youd need to look at the ES worksheet and see which method its using to figure the payments.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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4 Comments 4
Just-Lisa-Now-
Level 15
Level 15

Youd need to look at the ES worksheet and see which method its using to figure the payments.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
sjrcpa
Level 15

Probably 110% of 2019 tax

The more I know, the more I don't know.
BobKamman
Level 15

Did they make estimated tax payments for 2019 and still owe $474?

Jane-o
Level 2

TY that was it!

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