Irene2805
Expert Alumni

After you file

A better plan is to make an adjustment on the Enter Investment Gains and Losses screen as you go through the interview for your 2020 estimated tax payments.

 

To review your estimated payment calculation for 2020 please follow these steps:

  1. In your return, click Federal Taxes > Other Tax Situations.
  2. In the Other Tax Forms section click the Start/Update box next to Form W-4 and estimated taxes.
  3. On the screen, Adjust How Much Tax You Pay, click the No box.
  4. On the Review Your Estimates screen, click the Review Now box.
  5. When you come to the Enter Investment Gains and Losses screen, you will see the 2019 amounts listed.  Enter the expected 2020 amount in the 2020 column.  Enter zero if you don't expect to have any of that income.