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April 8, 2025
Question

2025 quarterly payments for 2025 how to pay

  • April 8, 2025
  • 1 reply
  • 0 views

this is my first year making money. i made enough in taxes to do "quarterly payments" do i need to pay quarterly this year as i make my income? if so how, because i cant find anything,  ontop of that i tried getting a live agent text chat for support, guess it doesnt exist. i have bad social anxiety, prefer to talk in a text chat

    1 reply

    April 8, 2025

    When you prepare your 2024 return, TurboTax  automatically calculate your 2025 estimated tax payments and prepare 1040-ES vouchers if we think you may be at risk for an underpayment penalty next year.

    You can also calculate your 2025 estimated taxes and generate payment vouchers by doing this:

    1. Open or continue your return.
    2. Navigate to the 1040-ES section:
      • TurboTax Online/Mobile: Go to 1040-ES.or use magnifying glass at top right of the screen to search for 1040-es (be sure to include the dash) and select the Jump to link.
    3. Answer No to the question Do you want to change your W-4 withholdings for 2025?
    4. Answer questions about your 2025 filing status, income, and deductions.
    5. Eventually, you'll come to the Print Vouchers? screen. Answer Yes and we'll include your 2025 1040-ES payment vouchers when you print a copy of your return later.
    April 8, 2025

    i just started making money this year, 2025. how do i make my first quarterly payment for 2025!!!!!