I've got a side business that I earned some money in 2020. I paid the estimated income tax on the New Mexico Taxpayer Access Point (TAP) for estimated income taxes for 2020. I think I'm at the place in the TurboTax interview where I'm to enter that information, but I want to make sure. I am in the PERSONAL | Deductions & Credits page. I'm looking at the page titled, "Estimates and Other Income Taxes Paid". There are items here such as Federal, State and Local estimated income taxes. I believe I should click on the "State estimated taxes for 2020".
Am I correct? Is this where I'll enter the taxes I've paid, related to my side business? It might also be used for paying regular (i.e.: non-side business) income taxes, but I'm hoping if that's the case that I can make it clear I'm entering what I've already paid for estimated income taxes for 2020, for my side business.
