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April 14, 2024
Question

1099-NEC first year didn't pay estimated taxes

  • April 14, 2024
  • 1 reply
  • 0 views

This is my second year with all my income 1099-NEC. It is my first year filing as Individual after my divorce last year. I didn't file quarterly taxes because I forgot I would have to. I make so little that in the past, my ex-husband had enough withheld from his taxes (W2) that we still received a refund. TurboTax hasn't asked if I paid quarterly taxes and is showing me with a refund. I know I should be paying something since I didn't...what do I do to get TurboTax to see this?  

 

I also don't know if I should do the Form 2210 and how to do it. Last year I filed jointly and the income numbers it asks for include my ex-husband's large salary. Would I do this form and just put my Net or Gross income from my 1099-NEC?

 

Thanks

    1 reply

    DawnC
    April 14, 2024

    You can go through the estimated taxes section to prepare payment vouchers for 2024.   Don't worry about Form 2210 if you don't have a penalty this year.   Use your estimates for your income this year to see if you need to make estimated payments for 2024.  

     

    Estimate next year's federal taxes

     

    Estimate next year's state taxes

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