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Estimated Taxes 2022
On the ES & W4 Wks there is no entry for rental income or expenses which go on Schedule E.
It seems the calculation for estimated taxes 2022 is done without this data. I have rental income, expenses and passive activity allowed losses (form 8582). This results in a significant negative income adjustment on the 1040 line 8 and a lower AGI when compared with the ES & W4 Wks. Doesn't that mean the calculated estimated taxes 2022 are too high?
March 11, 2022
1:35 PM