Turbotax seems to be asking questions only about my 2020 income etc. I need to determine estimated tax payments for _2021_. How do I enter that information?

When you prepare your taxes, TurboTax can also automatically calculate your estimated tax payments and print out payment vouchers for you to send to the IRS. You can also use TurboTax TaxCaster to get an estimate of your overall tax picture and if you should make an estimated tax payment.

Follow the prompts when asked if you would like TurboTax to calculate your 2021 Estimated payments.

You can use TurboTax tax preparation software to do the calculations for you, or get a copy of the worksheet accompanying Form 1040-ES and work your way through it. Either way, you'll need some items so you can plan what your estimated tax payments should be:

• Your previous year's return. Use your previous year's federal tax return as a check to make sure you include all the income and deductions you expect to take on your current year's tax return. You should also look at the total tax you paid if you are going to base your estimated tax payments on 100 or 110 percent of your previous year's taxes.
• Your record of any estimated tax payments you've already made for the year. You need to take those payments into account when you determine how much tax you still owe, so have your check register handy to look up the amounts and the dates you paid.

Consider paying with your refund

One easy way to get a jump on paying your next year's taxes is to apply your previous year's tax refund to your next year's taxes. If you won't have federal income tax withheld from wages, or if you have other income and your withholding will not be enough to cover your tax bill, you probably need to make quarterly estimated tax payments. Having all or part of your overpayment applied to your estimated taxes is a relatively painless way to take care of at least some of what you owe for coming year.