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Deductions & credits
It would make better sense for Turbo Tax to include any deferred payments due on the printouts showing estimated tax due for the return. If a due date was not available the printout should have said that. That would be comprehensive and in keeping with TT policy of informing customers about their future tax liability.
I do not recall any page while doing my tax return in TT that told me I would owe money in future other than my estimated taxes. By the way TT applied my overpayment to my estimated taxes, but the IRS takes any overpayment and applies it to the deferred self employment tax, so my estimated taxes are short and past due.
TT should not have applied my overpayment to estimated tax.
‎September 1, 2021
6:37 AM