turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Where i can enter 1) my Federal Estimate Tax payments, and 2) my Capital Gains? I am working on Turbo Tax Premium.

For estimated tax payments, I tried the suggestion online, which was to look for an option under "Deductions & credits", but the option for estimates tax payments wasn't there. For Capital Gains, i again am stumped.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Where i can enter 1) my Federal Estimate Tax payments, and 2) my Capital Gains? I am working on Turbo Tax Premium.

To enter Federal or State Estimated Taxes Paid, including a state estimated payment made in January for the prior year, go to

Federal on left or at top (Personal for Home & Business)

Deductions and Credits

Then scroll way down to Estimates and Other Taxes Paid

Estimates - click the Start or Update button
For a state estimated payment made in Jan 2025 for the prior year, go to 2024 state estimated taxes paid in 2025.


When you click in the left column tab for Deductions & Credits, it may take you to a page called "Your Tax Breaks. Lower on that same screen should be a button or link for "Add more tax breaks" or "Show more tax breaks" or similar wording. When clicked, then the screen should expand, and all the deduction topics are displayed including "Estimates and Other Taxes Paid." Then that topic can be expanded further to get the subtopic Estimated Tax Payments.

 

CAPITAL GAINS

What kind of Capital Gains do you need to enter?  That is usually investment sales on schedule D.


Federal Taxes 
Wages & Income 
Then scroll down to Investment Income
Then Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) - click Start
Then click +Add Investments at the bottom

Where i can enter 1) my Federal Estimate Tax payments, and 2) my Capital Gains? I am working on Turbo Tax Premium.

1) This suggestion for Estimated Taxes was precisely what does not work in my online "premium" version, unfortunately. There was no such option in the "Deductions ..." section for "Estimated ...". However, I since found another reply to another user who had similar problems, using the "Tools" feature, which I'm pasting below:

  • With the return open, go to the left menu column and click on TAX TOOLS, then the subtab TOOLS.
  • In the Tools Center choose the blue button Topic Search.
  • In the topic search line enter the phrase estimated tax payments without quotes.
  • Make the selection in the list (it may already be highlighted), and either double-click it or click the GO button.
  • Next screen is Estimates and Other Income Taxes Paid.
  • Expand the section Estimated Tax Payments.
  • Choose the appropriate category and tax year you are reporting (Federal, state, local) and click START or Revisit.

2) Thanks for the Cap Gains tip. I hadn't seen that the 1099-B form (for cap gains) was one of the options in the investments section (to the right of 1099-div, etc.)!

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question