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Get your taxes done using TurboTax
To add to the previous post:
I experimented with a hypothetical tax return varying the WITHHOLDING amounts to confirm entry into the Actual Withholding thread. This hypothetical return did have reported ESTIMATED tax payments included.
In summary:
If your total reported withholding (from W2, 1099-R, etc.) < $0.50* - yes 50 cents - then you WILL NOT be presented the TurboTax Actual Withholding input display.
If your total reported withholding (from W2, 1099-R, etc.) ≥ $0.50* - yes 50 cents - then you WILL be presented the TurboTax Actual Withholding input display.
* - The $0.50 amount is consistent with the IRS rounding rules.
yesterday