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July 13, 2020
Question

Estimated taxes - for State and Federal?

  • July 13, 2020
  • 1 reply
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I paid my estimated taxes based on the calculation from TurboTax for the print voucher, which I think goes to Federal. Do I have to do anything else for State? Or does that payment cover everything? (I don't believe TurboTax generated a separate estimate for State.)

    1 reply

    July 14, 2020

    It depends.

     

    The estimated tax payment vouchers for federal income taxes are different than any state payment vouchers.

     

    The federal payment vouchers are on Form 1040-ES. 

     

    Your state vouchers will depend upon your state of residence and your tax liability, your withholdings, as well as your anticipated income in 2020.

     

    State estimated payment vouchers

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