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New Member
posted Mar 28, 2024 10:59:11 AM

How do I configure turbotax to adjust assumptions about next years 1040-es?

0 3 504
1 Best answer
Expert Alumni
Mar 28, 2024 11:40:17 AM

Sorry for that.

Yes the Desktop is a little different.

 

Log into TurboTax

  1. Under Personal
  2. Select Other Tax Situations
  3. Scroll down to Other Tax Forms
  4. Select Form W-4 and estimated taxes
  5. Say Yes to Adjust How Much Tax You Pay
  6. Continue through the interview.

3 Replies
Expert Alumni
Mar 28, 2024 11:07:52 AM

Yes, you can adjust TurboTax to configure next years estimated payments.

 

Open Tax Tools

  1. On the drop-down select Tools
  2. There will be 4 green boxes
  3. Select Topics Search
  4. Type the Estimated taxes paid for next year
  5. The first screen will be Enter Your 2024 W-2 Wage Information
  6. Answer the questions and enter amount.
  7. You will come to Enter 2024 Other Income

It will give 2023 statistics, and you can make any adjustments.

 

Please contact us again with any additional questions.

New Member
Mar 28, 2024 11:29:08 AM

Thanks.  Very close but I am still having problems.  I am using the Desktop version and maybe there are differences in the interface.  "Topics"  does not have a search option and there does not appear to be a heading for Estimated Taxes for next year.

Expert Alumni
Mar 28, 2024 11:40:17 AM

Sorry for that.

Yes the Desktop is a little different.

 

Log into TurboTax

  1. Under Personal
  2. Select Other Tax Situations
  3. Scroll down to Other Tax Forms
  4. Select Form W-4 and estimated taxes
  5. Say Yes to Adjust How Much Tax You Pay
  6. Continue through the interview.