You must enter the 4th quarterly payment made on 2/18/2021 under your estimated tax payments section in TurboTax. You may be assessed a penalty because the payment was due on 1/15/21. It is not recommended that you enter the payment you plan on making tomorrow. Instead, pay this when you submit your return.
To enter your estimated tax payments in TurboTax, you can follow these steps:
- Open your tax return.
- Search for estimated tax payments with the magnifying glass tool on the top of the page.
- Click on the Jump to estimated tax payments link at the top of the search results.
- Click on Start next to Federal estimated taxes for 2020.
- Select yes for the question Did you pay federal estimated taxes for 2020?
- Follow the on-screen instructions.
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