Question

Estimate taxes 2025 Increase Social Security

Forum|Forum|1 year ago
March 27, 2025
1 reply
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I e-filed my 2024 taxes on 3/1/25. Since then, my wife received a large social security payment in a lump sum due to the Social Security Fairness Act passing. It was paid out in late March for 2024 and 2025 monies due her. She is also going to receive a substantial monthly increase going forward in her social security payments. I had already printed out vouchers from before when I e-filed for paying quarterly amounts. How and what do I amend to increase the voucher payments to the Federal Gov't? I do not have to worry about the state of Massachusetts, since they do not tax social security payments. My tax obligation was around $1200 in 2024 to the Federal, but this year the tax due would be in the neighborhood of $2200 from my calculations.

M

MAK70

You can make changes and print new vouchers in TurboTax:

Follow these steps to print next year's estimated tax vouchers (Form 1040-ES):

Open or continue your return.
Navigate to the 1040-ES section:
- TurboTax Online/Mobile: Go to 1040-ES.
- TurboTax Desktop: Search for 1040-es and select the Jump to link.
Answer No to the question Do you want to change your W-4 withholdings for 2025?
Answer any questions until you get to the Print Vouchers? screen.
Answer Yes and we'll include your 1040-ES payment vouchers when you print a copy of your return later.

You can make your estimated payments directly with the IRS at Payments, You can also complete and print the vouchers at Form 1040-ES, Estimated Tax for Individuals.