Use the Tax tab to distinguish estimated tax liability from the amount still due after payments.
Find the payment summary
Open the client → Tax.
Select the year and the plan or tax scenario you want to review.
Expand Payments, Withholding, Credits, Balances Due / Refunds.
Understand the rows
Tax before credits is the modeled tax before applicable credits.
Tax credits applied reduce the modeled tax liability.
Tax liability is the resulting estimated tax.
Withholding and payments are amounts paid or assumed to be paid toward that liability.
Balance Due / (Refund) is the remaining modeled amount after those payments. Parentheses indicate a refund in this display.
For example, a $50,000 liability and $40,000 of payments leave an estimated $10,000 balance. That example explains the arithmetic; it is not a payment recommendation.
Review a possible shortfall
Check income and tax inputs, including equity compensation.
Reconcile withholding and estimated payments with paystubs and payment records.
Use a tax scenario to test an assumption change.
Review the timing of any proposed payment in Cashflow.
Cashflow payment rows describe when cash leaves the household. Confirm the corresponding tax-scenario payment inputs separately; do not assume that entering a cash outflow settles or files a tax payment.
What the balance does not tell you
A year-end balance alone does not establish whether payment timing satisfies estimated-tax rules or whether a penalty applies. The IRS describes federal tax as payable during the year through withholding or estimated payments. Review the client's timing and applicable rules with their tax professional. IRS: Estimated taxes.
See How Gemifi's tax estimates work for the broader calculation context.