topic My 2022 tax extension has been accepted by IRS. I also used IRS Direct Pay to pay estimated tax due of $5000. Now I know I actually own $4000 tax. What shall I do now? in Get your taxes done using TurboTax

My 2022 tax extension has been accepted by IRS. I also used IRS Direct Pay to pay estimated tax due of $5000. Now I know I actually own $4000 tax. What shall I do now?

kejia-shi — Tue, 24 Feb 2026 06:43:42 GMT

I am using the TurboTax Software purchased from Costco.

Re: My 2022 tax extension has been accepted by IRS. I also used IRS Direct Pay to pay estimated tax due of $5000. Now I know I actually own $4000 tax. What shall I do now?

Critter-3 — Sun, 18 Jun 2023 22:21:48 GMT

Ok ... first make sure the extension payment is being accounted for on the return and then in the FILE tab step 2 all the options on how to pay the balance due on the return will be presented ... simply choose one.

To enter, change or delete a payment made with an extension request (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 Income Taxes Paid, click on the start or update button

On the next screen select the type of extension payment made and click on the start or update button

Or enter federal extension payment in the Search box located in the upper right of the program screen. Click on Jump to federal extension payment

The federal extension payment will be shown on Schedule 3 Line 10. The amount from Schedule 3 Part II Line 15 flows to Form 1040 Line 31.

Re: My 2022 tax extension has been accepted by IRS. I also used IRS Direct Pay to pay estimated tax due of $5000. Now I know I actually own $4000 tax. What shall I do now?

VolvoGirl — Sun, 18 Jun 2023 22:53:31 GMT

And make sure you are in your Desktop installed program and not in the Online version. Looks like you are posting from Online. If you see a black vertical menu bar down the left side that is the Online version. The Desktop program has the menu items across the top.

Do you only owe 4,000 but paid 5,000 so you should be getting 1,000 refund OR do you still owe another 4,000 after paying the 5,000? Check 1040 line 31 for the 5,000 extension payment which comes from schedule 3 line 10. Make sure it's there!

Re: My 2022 tax extension has been accepted by IRS. I also used IRS Direct Pay to pay estimated tax due of $5000. Now I know I actually own $4000 tax. What shall I do now?

fanfare — Sun, 18 Jun 2023 23:46:29 GMT

What shall I do now?

Enter every dollar you already paid onto Form 1040 on the lines designated.

For example, "estimated tax" is not the same as "amount paid with request for extension"

tax - amount paid = amount you owe.

@kejia-shi