If you have paid estimated taxes, they will serve as a credit against your Federal tax liability and have to be entered on your tax return. You can enter estimated taxes you paid by following these steps: In TurboTax, open your tax return Click on Federal in the left-hand column, then Deductions & Credits on top of the screen Scroll down to All tax breaks, locate the section named Estimates and Other Taxes Paid and click Show more Click on Start next to Estimated Tax Payments On the next page, click Start next to Federal estimated taxes for 2020 (form

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youhwalee

Level 2

Solved

In the past turbos tax will use paid estimate tax to figure out tax due, why not this this. I have withheld amount more than tax due but I had to pay tax due first.

Forum|Forum|5 years ago
March 15, 2021
1 reply
16 views

No text available

Best answer by MinhT1

If you have paid estimated taxes, they will serve as a credit against your Federal tax liability and have to be entered on your tax return.

You can enter estimated taxes you paid by following these steps:

In TurboTax, open your tax return
Click on Federal in the left-hand column, then Deductions & Credits on top of the screen
Scroll down to All tax breaks, locate the section named Estimates and Other Taxes Paid and click Show more
Click on Start next to Estimated Tax Payments
On the next page, click Start next to Federal estimated taxes for 2020 (form

MinhT1Answer

Level 15

If you have paid estimated taxes, they will serve as a credit against your Federal tax liability and have to be entered on your tax return.

You can enter estimated taxes you paid by following these steps:

In TurboTax, open your tax return
Click on Federal in the left-hand column, then Deductions & Credits on top of the screen
Scroll down to All tax breaks, locate the section named Estimates and Other Taxes Paid and click Show more
Click on Start next to Estimated Tax Payments
On the next page, click Start next to Federal estimated taxes for 2020 (form