Filing on TurboTax in NM, I'm self-employed (sole proprietor)
As far as I understand, "total withheld/pmts" entails:
-all withholdings on the stated year's return (2023 in this case)
-estimated tax payments
-and what you paid if you filed for an extension (doesn't apply to me)
In my last year's return I see the following on 27, of 2023 PIT-1 (Page 2)
"New Mexico income tax withheld. Attach annual statements of income and withholding" 0
In line 25 of my 1040 form "federal income tax withheld from: W-2 and 1099" are both blank (0?)
So the value for that would be 0, but what exactly entails "estimated tax payments"? I only paid my taxes once I filed them before the April 15th deadline, so would I be entering 0 as well or the total of taxes I paid for 23?
In line 32 is it also blank (0).
So I'm just assuming I enter 0 total? Thanks.
