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don105
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I pre-paid $9,000 for 2020 on eftps.gov. That doesn't seem to show on Turbotax. Was I suppose to enter it somewhere?

 
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2 Replies

I pre-paid $9,000 for 2020 on eftps.gov. That doesn't seem to show on Turbotax. Was I suppose to enter it somewhere?

If the amount paid was an estimated tax payment for tax year 2020 and Not a payment for taxes owed on a prior tax year, then you need to enter the estimated taxes paid.

 

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 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

 

 

I pre-paid $9,000 for 2020 on eftps.gov. That doesn't seem to show on Turbotax. Was I suppose to enter it somewhere?

If you have already filed then the IRS usually corrects this themselves automatically.  Just wait.

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