You'll need to sign in or create an account to connect with an expert.
If you mean you paid Estimated Taxes, you would enter those under Deduction & Credits / Estimates and Other Taxes Paid section. If you are not seeing this menu structure and getting a screen showing your "Your Tax Breaks" there should be a button lower on that page for "Other Tax Breaks" or "Show all tax breaks" etc.
Note if you paid ES as a one-off in the middle of the year and not quarterly, it's possible you will have an underpayment penalty on Line 38 of your 1040, because IRS assumes your income (and any withholding) is even by quarter, so any additional ES should be even by quarter also. If you had a large income event (e.g. Roth conversion, capital gains etc) corresponding to the estimated tax payment, you may be able to reduce or eliminate the penalty using the "Annualized Income" method on Form 2210 where you have to calculate your AGI etc quarterly to show the IRS how your income lined up with the ES payment.
Check your 1040 Line 38 after inputting the estimated taxes to see outcome, then you can review this and other options under Other Tax Situations / Underpayment Penalties.
In addition to the points made by Baldietax, and assuming you are referring to estimated tax payments, one additional thing to keep in mind is that these payments show up on Form 1040, Line 26, and roll into your total payments.
Entering the correct dates and amounts is important for accuracy and penalty calculations. You can confirm what the IRS has on record by checking your account here:
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
mattallenheadhunter
New Member
cpresley755
New Member
rob K
Returning Member
bonnielang30
New Member
doseunglee
New Member