Cynthiad66
Expert Alumni

After you file

The adjustments has to  be made by the customer.  The four quarters were a prediction from the prior year.  Glad that you were able to go back to correct the situation.

 

TurboTax uses your previous year's federal tax return as a check to make sure you include all the income and deductions you expect to take on your current year's tax return. You should also look at the total tax you paid if you are going to base your estimated tax payments on 100 or 110 percent of your previous year's taxes.

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