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@ roberts298  wrote:

TURBOTAX PREMIER 2020

On the page "ESTIMATED TAX PAYMENT OPTIONS", in the box "AMOUNT OF ESTIMATED TAXES TO PAY IN 2021", the next to last line is "Last year's overpayment you applied to this year":

 

How do I get a number to appear in that box?   It seems like it should have appeared automatically, since it shows up on the 1040, and on the Carryover Worksheet, but it does not, and I cannot enter it manually.


I presume you are using desktop software (CD/download) and in Forms Mode looking at worksheets.

 

If I understand correctly, since you said you are in that worksheet's section "Amount of Estimated Taxes to Pay in 2021", I presume you had a 2020 overpayment on your current Federal return and want to apply it to your 2021 taxes, and are preparing your estimated tax payments for 2021.    In that section of the worksheet since it's preparing 2021 estimated taxes, the statement "Last year's overpayment you applied to this year", "last year" refers to a 2020 overpayment and "this year" as 2021 estimates being prepared.   So I'll presume that is what you are doing.

 

You cannot make that "applied overpayment" from 2020 toward 2021 tax estimates entry directly on that worksheet you mentioned titled "Estimated Tax Payment Options."   The figure on the line you mentioned actually flows from another worksheet:  the "Estimated Taxes and Form W4 Worksheet", which in the forms list is likely abbreviated as "ES & W4 Wks", and it can be changed on the ES &W4 Wks (up near the top of the form).

 

Did you originally use the interview mode (normally the best route) to select to apply the overpayment from 2020 toward your 2021 taxes?

When you were in interview mode,  if you correctly applied the 2020 overpayment to next year's 2021 taxes, it should have flowed automatically--first to the "Estimated Taxes and Form W4 Worksheet" and then to the "Estimated Tax Payment Options" worksheet.  Then it flows from there to the Form 1040 Worksheet, and then finally to Form 1040.

 

Normally it's best to make the entries in interview mode (step by step) because sometimes interactions between worksheets are complex.    Did you go through the steps below to apply the 2020 overpayment to next year's 2021 taxes?  If so, walk through them again to see what is showing up there.  You can make/change the entry there, if desired.

 

  • Federal Taxes tab   (or Personal tab in the desktop Home and Business Edition)
  • Subtab Other Tax Situations.
  • Scroll down to Additional Tax Payments.
  • One of the subtopics is Apply Refund to Next Year.
  • It will ask you how much you wish to apply toward 2021 taxes.