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Download & Install
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Getting Started
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Preparing My Taxes
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  - 2012 Tax Law Changes: We've Got You Covered!
    Don't worry about the 2012 tax law changes- we've got you covered! Despite what you may have heard, you are probably not affected by the 2012 American Taxpayer Relief Act.
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  - 2012 Tax Law Changes: We've Got You Covered!
    Don't worry about the 2012 tax law changes- we've got you covered! Despite what you may have heard, you are probably not affected by the 2012 American Taxpayer Relief Act.
  - I Received a 1099-MISC, Now What?
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  - 2012 Tax Law Changes: We've Got You Covered!
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  - 2012 Tax Law Changes: We've Got You Covered!
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  - Why is My Tax Refund Different This Year?
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Do I need to be concerned about estimated taxes?

Updated: 1/21/2013

Article ID: IAS10162

Normally, you should not worry about estimated taxes if one of the following apply:

Anyone who expects the current year tax bill, net of withholding and other tax payments to be under $1000.
Any US citizen or resident alien whose prior year tax bill was zero would also be exempt from making estimated taxes.

There are also other IRS "safe harbors" to avoid underpayment penalties.

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