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Returning Member
posted Apr 10, 2020 3:16:10 PM

Edit Estimated Income

I completed my 2019 taxes but haven't sent them yet.

I just took advantage of No RMD needed this year so I want to amend my return to reduce the 2020 estimated income by the RMD amount.

I must pay quarterly estimated taxes and if I don't amend my file, my quarterly payments will be much too high.

Thanks.

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1 Replies
Expert Alumni
Apr 12, 2020 9:43:58 AM

Your thought process is good, but you do not have to amend the return.  You can simply go back into the return.

 

Go to:

  • Other tax situations
  • Scroll down to Other Tax Forms
  • Select W-4 and Estimated Taxes
  • Change the appropriate amounts.