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So when filing for my extension, if I payed $5000 in estimated taxes for 2023, and my federal refund was $2000, does that mean the actual refund I was due was $3000?  And is that the number I should now report on my 2024 taxes?  Does the same go for state taxes?

Mine as well but additional information was needed so I was sent a letter such as a copy of my W-2s, the first two pages from federal tax return, and supporting documents calculating the return if possible.

@ Sharal84 wrote: where are my federal quarterly tax payments listed Where are the federal tax payments listed   Are you asking where to enter your 2024 Federal quarterly estimated tax payments?   I don't know if you are using Online TurboTax or desktop software.    So I'll start with Online TurboTax.    If you need desktop instructions, please report back.   With your online return open, click on the Search icon (magnifying glass) at the top right. In the Search box enter the exact phrase estimated tax payments without quotes, then click the adjacent magnifying glass in the box. (ignore any dropdown suggestions while entering.) You should be presented a blue link Jump to estimated tax payments. Next screen is Estimates and Other Income Taxes Paid. Choose the appropriate category and tax year you are reporting (Federal, state, local) and click START or Revisit.   If you have any trouble with the "jump to" method, here's another way to get there.   With the return open, go to the left menu column and click on TAX TOOLS, then TOOLS. In the Tools Center choose the blue button Topic Search. In the topic search line enter estimated tax payments without quotes. Make the selection in the list and click GO. Next screen is Estimates and Other Income Taxes Paid. Choose the appropriate category and tax year you are reporting (Federal, state, local) and click START or Revisit. NOTE:  Before filing, make sure your Federal estimated tax payments correctly show on the Form 1040, Line 26, and that any state estimated tax payments (if applicable) show up on your state return.

@jlebpad23 wrote: That did not work for me. I entered my 6 digit IRS code in the other tax situations and the five digit efile number I always use and this didn’t work. TT still says it’s a Pin problem.  Was that a new 6-digit IP PIN that you obtained from the IRS this year?   You need a new one every calendar year.   So it's actually called a 2025 IP PIN.  You can't use one from last year.   Your rejection may or may not be a "PIN problem."    The 5-digit efile PIN on the "Signature page" can be any 5 numbers of your choosing, so that shouldn't be the issue.  If the 6-digit IP PIN was new and correctly entered for this year, then it could be a 2023 AGI problem.   What is the exact rejection error code and message? 

Thank you. I use the Desktop Premier version, and the data does not seem to transfer over for sure. Yes - I checked the short and long term gain(loss) and the loss is not being recognized.   I tried even creating a dummy return with just a few entries and can see that this is not taking effect.

Hi there, I'm experiencing the same issue. HSA contributions were the first item entered after W-2s. I was +$200 after entering income, but after entering HSA information and indicating that I had a HDHP, my bill was $-1400. Please assist. 

You're touching on an important and common observation in partnership liquidations. In a complete liquidation, the final Schedule K-1 does indeed show an ending capital account of zero, which means that over the years your basis has been adjusted by income, losses, and distributions until nothing remains. In other words, your adjusted (tax) basis has been fully "used up" by the time you receive your final distribution. Here's the key point: Tax Basis Adjustments Over Time: Your tax basis starts with your initial investment and is increased by income items and decreased by losses, distributions, and certain other adjustments (like syndication expenses, if applicable). These adjustments accumulate over the years. Liquidation Outcome: When the partnership is liquidated, the final distribution you receive is intended to return your remaining basis. If the final distribution exactly equals your adjusted basis, then your recognized gain or loss on the liquidation will be zero—because there's no excess received over (or shortfall compared to) your basis. Your Observation is Correct, Generally: Yes, if the final K-1 shows that your ending capital account is zero and the final distribution equals the final adjusted basis, then for tax reporting purposes your "sale price" equals your cost basis, and you report no additional gain or loss.

The state is Oregon.   My main question is what can I deduct in local taxes  on the state return.  I got the standard deduction on my Federal Return.   In 2024 I. paid about 1,200 in local taxes in city and county taxes for 2023, and paid estimated taxes. of about 2,500 in estimated taxes for 2024 also in April of 2024.  If my actual local taxes are about 1,500 what can I use as a deduction on my state taxes?  Assuming I can deduct the taxes paid for 2023 of 1,200, it would be either 1,200 + 2,500 or 1,200 +1,500 (estimated taxes are more than actual so I could deduct all of the actual?   That is my main question and the most important one for this year.   ============================================== If it is the estimated taxes, and I carry over the 1,000 I assume I don't need to do anything on my state taxes next year except for any additional payment I might make in estimated taxes.  If I don't carry it over, I guess it would be a negative amount against any additional tax payments I make?   If, instead it is actual taxes up to estimated taxes paid (which would be all of it this year) That would be simple, the carryover would be deductible next year if I carry it over?   Except the (actual) local tax for 2024 is based on Income for 2024 from the state tax form minus deductions, including the actual local taxes (if that is what is used). So I can't do the local until I subtract it from the state!  local tax = local tax rate (2.5%) x (income - local tax ), or .975 x local tax = 2.5% income (before deduction of local tax for 2024 but after other deductions) so not quite as circular as I first thought still more complicated than it should be.   Continue solving for actual local tax = .025/.975 * income after all deductions except the local ones)   Turbo tax gets 3003 but that isn't 1,200 + 1,500 or 1,200 +2,500??   These aren't my exact numbers.

Try Costco first, since that may be the easiest, but they might not do it.  Some users have had luck with Costco, while some haven't.   Tell Costco you don't have a computer to install it on. If Costco will not refund it, you can get a refund directly from TurboTax with the online submission form.     Scroll way down in the FAQ to the interface for the online refund request form.    FAQ:  How do I request a refund for my TurboTax product? https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-refunds/request-refund-turbotax-product/L834M6uyW_US_en_US

David I know that you know a lot about tax return and how to used in the best possible way TT e-filling system. Following your advice this year I decided to report my Foreign Social Security Pension on Line 8 of Form 1040 / Schedule 1 as Miscellaneous / Other Income . I have the problem that regarding Form 1099 MISC the system requires me to put the Federal EIN but because I’m my case the Payor is a foreign one it’s equivalent EIN has more digit that the digit that have the US Payors . So, the system doesn’t accept neither the EIN of my foreign Payor nor [removed], nor [removed] nor any other dummy number like [removed]. Furthermore the e-filling doesn’t accept either the zip code of my Foreign Payor because obviously the system only is focused on US zip codes. Incredible . Is there any way to prepare the Form 1099 MISC for Foreign Payors ? Which is thd solution ? Perhaps to attach an explanatory note but I was told by somebody of this chat that TT e-filling doesn’t allow to enclose / attach any note at all. What happen if I to “tools” and I delete the Form 1099 MISC ? Then if IRS request some clarification I would reply with an extensive and well grounded explanatory letter by certified mail and that is it. What fo you think ? Thanks in advance