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April 3, 2025
Question

2025 Estimated tax figured as one payment due 1/2026 via Turbo Tax

  • April 3, 2025
  • 1 reply
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I have always paid my taxes quarterly. This year I used Turbo Tax Intuit to file my taxes and when I printed the vouchers I got one voucher due January/1926 for the entire estimated amount. Why were the estimated taxes not figured quarterly starting in April 2025? I did report my 2024 estimated taxes as quarterly. 

    1 reply

    April 4, 2025

    Estimated taxes are normally due quarterly but they are also only due when your shortfall of taxes due is over $1,000. So it may be that your estimated taxes due are small enough that you only need to make one payment in January of next year.

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