estimated tax calculation

Forum|Forum|4 years ago
February 20, 2022
1 reply
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How do I access the tool for exploring the various options for calculating next year's (2022) estimated tax payments? What Turbo Tax support says to do (search for "1040-es") does not work. The search finds nothing for "1040-es." I talked to support and after 15 minutes, I was told that apparently this feature of the software is not working yet and I should try back later. Is that the case?

SteamTrain

Level 15

I don't know if the "Search" works, but at least in the Desktop software, it does have a place to prepare the 1040ES forms. (Online should be similar, but I don't know if teh forms there are really ready or not)

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Navigate as follows, after opening your tax return:

1) Click on the "Federal Taxes" tab (if you are using H&B software, I think it's Personal Taxes )

2) Click on the "Other Tax Situations" tab

3) Scroll down that menu page and find the entry for "Form W-4 and estimated taxes" and go in there.

......once you start in there, you can decline the W-4 preparation, then it moves on to preparing estimated tax forms.

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Online should be similar, but sometimes they use slightly different text for the navigation tabs

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*