Irene2805
Expert Alumni

Retirement tax questions

Enter the tax penalty you paid as an estimated payment, using these steps:

  1. Click on FederalDeductions & Credits. 
  2. In the Estimates and Other Taxes Paid section, click on the Start/Update box next to Estimated Tax Payments
  3. On the next screen, click the ​​​Start/Update box next to Federal estimated taxes for 2020(Form 1040ES).
  4. On the screen, Did you pay estimated taxes for 2020? click the Yes box.
  5. Enter your payment(s) on the next screen, How much did you pay in federal estimated taxes? 
  6. If you made more than four payments, click Add another payment at the bottom of the screen to add another line.
  7. You will be brought back to the Estimated Taxes screen.  If you also made state estimated tax payments, click the Start/Update button next to State estimated taxes for 2020.
  8. On the screen, Did you pay state estimated taxes for 2020? click the Yes box.
  9. Enter your payment(s) on the next screen, How much did you pay in state estimated taxes?