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When and where do I enter the estimated NM state taxes for my business?
I live in New Mexico. I have a small side business I use to supplement my income from my day job.
I've registered my side business with the state of New Mexico. Twice a year I must enter what I've made in the previous 6 months. They calculate what I owe, which I then pay. I've done this for 2020.
However, I'm totally clueless as to where and when I enter that information into TurboTax. I'm in the BUSINESS tab, Business Income and Expenses portion of the TurboTax interview, but nothing at this point seems to involve this information. Am I missing it or is it somewhere else in TurboTax?
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May 5, 2021
5:29 PM