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Employee
March 31, 2025
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Estimated tax for 2025

  • March 31, 2025
  • 1 reply
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TurboTax generated vouchers for estimated taxes for 2025 based on 2024 income. I expect my income to be higher in 2025. How do I change the estimated tax calculation in TurboTax based on my estimate of higher 2025 income? I don't want to get hit with a large taxes due bill for next year's tax filing.

Best answer by VolvoGirl

Go to Federal Taxes or Personal (Home&Business version)
Other Tax Situations
Other Tax Forms
Form W-4 and Estimated Taxes - Click the Start or Update button

Say No to W4. When you get to the W4 and Estimated Taxes section, say you want to adjust your income to go though all the screens.

1 reply

VolvoGirl
VolvoGirlAnswer
Employee
March 31, 2025

Go to Federal Taxes or Personal (Home&Business version)
Other Tax Situations
Other Tax Forms
Form W-4 and Estimated Taxes - Click the Start or Update button

Say No to W4. When you get to the W4 and Estimated Taxes section, say you want to adjust your income to go though all the screens.