Hello,
I'm trying to determine if I did something incorrectly within TT or if it calculated the 2020 estimated payment vouchers incorrectly. I expected my 2020 estimated payments to be lower than 2019 estimated payments:
2018 amount we owed = $3,153 so divided by 4, I paid 4 equal installments quarterly in 2019
2019 amount we owe = $1,975 but TT is calculating the 2020 quarterly estimated payments as $1,272?
Shouldn't the 2020 estimated payments be $1,975 divided by 4 = $494 per quarter?
Thanks again in advance.
