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April 18, 2022
Question

Estimated Payments - required?

  • April 18, 2022
  • 1 reply
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I owed more than $1000 for 2021.  Not sure why because both my husband and I are salaried employees and pay taxes.  I filed through TurboTax, and see a section about Estimated Payments to Make for 2022.  Is this required?  What if I update my W-4 with my employer and have an extra amount withheld?

    1 reply

    Employee
    April 18, 2022

    You are not required to use those 1040ES vouchers.   If you want to change your withholding instead you can give new W-4's to your employers.

     

    https://www.irs.gov/pub/irs-pdf/fw4.pdf

     

     

    https://www.irs.gov/individuals/tax-withholding-estimator

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**