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Level 2
July 15, 2020
Question

Payment

  • July 15, 2020
  • 1 reply
  • 0 views

I made a direct payment on the IRS website and clicked the estimated tax option instead of the tax return for the payment. Will it still go towards my taxes owed for my Federal taxes?

1 reply

VolvoGirl
Level 15
July 15, 2020

Not if you picked estimate for 2020.

Level 2
July 15, 2020

So where does that money go?

Level 2
July 15, 2020

To next year's 2020 return so don't forget to enter it on your tax return next year as an estimated payment.

 

Did you pick these settings when you paid?

 


So I guess I have to make another payment, which is the correct option I don't want to make another mistake