AmyC
Employee Tax Expert

Get your taxes done using TurboTax

1. Please take a look at your form and let's talk through it.

At the top of the page, below your name is a section for No interest due and form should not be filed

Maybe one of those boxes is checked?

2. If not, let's keep going.

  • Line 11 says to divide income by period. The time periods are Jan- Mar, Jan-May, Jan - Aug, Jan - Dec. 
  • Line 12 has the amount of tax due based on the line 11 period.
  • Line 14 has the payments made, those should be also adding up, like line 11 income and line 12 percentages.

You state that yours is not adding up. For example: $300 paid each quarter on line 14 would look like:

$300   $600   $900   $1200

multiplied by the percentages

25%    50%    75%      100%

 

The question is why does yours not become cumulative? Please review your entries.

 

 

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