This is pretty clean, except for me TT entered a number for Schedule A line 5a which is less than my state taxes for the year. Can't figure out why!
Year 2020
Taking the Federal standard deduction, took it in 2019 also.
Am an independent contractor, so my income is 1099-NEC
I made 4 estimated tax payments over the course of the year, on schedule
Let's say I paid $X in estimated state taxes... TT entered $.953X (95.3%) on schedule A line 5a, and then used it on 540(CA)...
My question is why didn't TT just use my estimated taxes, what happened to the other 4.7%?
I did make an estimated payment on 1/15/21, but I also made an estimated payment of the same amount on 1/15/20 for 2019...
Also, I did receive a 0.3X refund from the state in 2020 for 2019..
Thanks for any clarity you can bring to this!
Ron
