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

 
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JohnB5677
Expert Alumni

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

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.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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3 Replies
JohnB5677
Expert Alumni

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

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.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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

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.

JohnB5677
Expert Alumni

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

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.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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