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P
Pbmmsw
March 16, 2025
Question

Maryland estimated taxes

  • March 16, 2025
  • 1 reply
  • 0 views

I pay less than $500 per year in Maryland taxes. Nothing is withheld. Why would I have to pay estimated taxes 

    1 reply

    M
    MindyB
    March 16, 2025

    You do not have to.  TurboTax suggests estimates, but it is always your choice to pay them.  $500 is the threshold for required estimated payments for Maryland, so if you are comfortable making the payment at once at tax filing time, you can disregard the suggested payments (Estimated Payments).

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