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How to report social security tax payments made through EFTPS on my year end tax return

I am self employed and I make social security and medicare payments during the year using EFTPS. How do I report these payments on my year end tax return?

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How to report social security tax payments made through EFTPS on my year end tax return

You are making estimated tax payments through EFTPS which are used to pay federal income taxes and Self-Employment taxes (SS and Medicare)

 

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


Or click on Tax Tools on the left side of the online program screen.
Click on Tools
Click on Topic Search
Type in estimated tax payments, click on GO


Federal estimated taxes paid are entered on Form 1040 Line 26

View solution in original post

2 Replies

How to report social security tax payments made through EFTPS on my year end tax return

You are making estimated tax payments through EFTPS which are used to pay federal income taxes and Self-Employment taxes (SS and Medicare)

 

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


Or click on Tax Tools on the left side of the online program screen.
Click on Tools
Click on Topic Search
Type in estimated tax payments, click on GO


Federal estimated taxes paid are entered on Form 1040 Line 26

How to report social security tax payments made through EFTPS on my year end tax return

Thank you for your response, it was very helpful.

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