Skip to main content
February 16, 2024
Question

Estimated Tax Credit Applied To Next Year

  • February 16, 2024
  • 1 reply
  • 11 views

I did not use Turbo Tax for my 2022 return. My Return Transcript downloaded from the IRS website has a line item for "Estimated Tax Credit Applied to Next Year". Where do I enter this amount in TurboTax? I only see where I can enter estimated tax quarterly payments, which I didn't make this year.

1 reply

SteamTrain
Level 15
February 16, 2024

For a 2022 Federal Refund, that you let them keep against 2023 taxes for this tax season?

 

It's on the Deductions & Credits page..

Look way down the page for the Menu item for "Other Income taxes".

In there is a sub-menu spot for "2022 Refund applied to 2023 federal taxes"

 

 

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
February 21, 2024

Hi, yes that's my situation, but I don't seem to have "other income taxes" or "2022 refund applied to 2023 federal taxes" as options. Any ideas why?

SteamTrain
Level 15
February 21, 2024

@5456014 

 

Yeah..they call it slightly differently in the "Online" vs "Desktop" software.

 

For "Online"

<on the "Deductions&Credits" page, scroll waaay down the menu

<<expand the "Estimates and Other Taxes Paid" section

<<<<use the "Income Taxes Paid" section

 

IF you don't see a long menu if items lower on the Deductions&Credits page, you might need to hit a selection button "See All Tax Breaks"

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