In 2019 I had to pay 1,372.00. I paid in 4 vouchers of 343.00 each. I paid using check but it didn't make 2019. where do I enter it in 2020 as deduction?

Forum|Forum|5 years ago
February 24, 2021
4 replies
6 views

I paid 1,372.00 twice. 2019 it is okay now. in 2020 the same amount is appearing in IRS as estimate tax for 2020.

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VolvoGirl

Level 15

I'm confused. Was your tax due 1372? Or just the estimates for 2020? If you sent in the 4 quarterly 1040 ES slips those were prepayments for 2020 not for your 2019 tax due.

You can type estimates paid in the search box at the top of your return and click Find and it will give you a link to Jump To it.

To enter Federal or State Estimated Taxes Paid, including a state estimated payment made in January for the prior year, go to

Federal on left or at top. Personal (Home & Business)

Deductions and Credits at top

Then scroll way down to Estimates and Other Taxes Paid

Estimated Taxes - click the Start or Update button

mdbrigidiAuthor

Level 2

I know it is confused. In 2019 I had to pay 1,372.00. I paid in 4 vouchers of 343.00 each. It was classified by IRS as estimate for 2020. Later December I received a letter to pay my 2019 return. I login in the IRS and I did pay it again to avoid penalties. I have paid 12-28-2020. Now I don't have nothing to pay in 2019. And I have credit of the same amount in 2020 buy it is not estimate. I would like to reduce this money for 2020 that looks like I have to pay again.

Thank you

VolvoGirl

Level 15

Yes you get to apply the 4 estimates to your 2020 return. Did you enter them as I said above? Yes they were Estimates towards 2020. They were really prepayments for 2020. Like withholding from your paychecks. They will increase your refund or reduce a tax due.