@llamber2 wrote:
So if I do this, will there be a place on my 2022 federal tax return online where I can show that I made this payment early and have it reduce my tax liability. My goal is not not get a refund or to owe anything. I want to come out at $0.
Yes, on your 2022 tax return that is filed next year you would enter the estimated tax payment you made in 2022 on the tax return.
Using TurboTax -
To enter, edit or delete estimated taxes paid (Federal, State, Local) -
- Click on Federal Taxes (Personal using Home and Business)
- Click on Deductions and Credits
- Click on I'll choose what I work on (if shown)
- Scroll down to Estimates and Other Taxes Paid
- On Estimates, click on the start or update button
Or enter estimates paid in the Search box located in the upper right of the online program screen. Click on Jump to estimates paid
On a 2021 tax return - Federal estimated taxes paid are entered on Form 1040 Line 26
NOTE - Since the 2022 federal tax return, Form 1040, has not yet been released by the IRS the estimated tax payment may or may not be on Line 26.
