topic estimated taxes in Get your taxes done using TurboTax

estimated taxes

Kiwi — Tue, 26 Aug 2025 04:02:10 GMT

Turbo Tax 2024 has not applied my 2023 overpayment that is shown on line 36 of my 1040-SR to my estimated taxes..

My line 35a also shows 0.

On the Summary page, it shows the Total Tax correctly as well as the Refund Applied to ES Tax, but the total amount of the estimated tax payments is just 110% of the Total Tax (not minus the overpayment)

I can pay my estimated tax as I want, but I am concerned that if this is a Turbo Tax error, what other errors might there be in my return?

Re: estimated taxes

fanfare — Tue, 26 Aug 2025 04:50:41 GMT

If your overpayment applied to 2024 is not included in Line 26, you have to continue working on the return to add that in.

You are responsible for any errors on your tax return.

@Kiwi

Re: estimated taxes

Kiwi — Wed, 27 Aug 2025 00:57:31 GMT

My overpayment IS included in Line 26.

And Line 36 shows the overpayment correctly.

The summary page says that the refund has ben applied to ES tax — but it has not been.

I know I am responsible for my tax return.

Re: estimated taxes

VolvoGirl — Wed, 27 Aug 2025 01:18:02 GMT

@fanfare I believe he means the 2024 overpayment being applied to next year 2025 on line 36 is not being accounted for to calculate the estimated payments FOR 2025.

@Kiwi In your top question did you mean TT2024 has not applied your 2024 overpayment?

Turbo Tax 2024 has not applied my 2023 overpayment that is shown on line 36 of my 1040-SR to my estimated taxes..

Re: estimated taxes

Kiwi — Wed, 27 Aug 2025 01:35:13 GMT

@VolvoGirl

Yes.

My four 2025 Form 1040-ES estimated tax payment Vouchers add up to 110% of my 2024 tax,

they do not reflect my refund that should have been subtracted and applied to ES tax.

As I said, I will pay my ES tax correctly, but I was concerned that it might be a bug and also wondered whether my refund will be correctly applied to my 2025 tax, as shown on line 36 of my 2024 return.

Thank you,.

Re: estimated taxes

Kiwi — Wed, 27 Aug 2025 01:37:55 GMT

@VolvoGirl

I did mean my 2024 overpayment, not 2023

Re: estimated taxes

fanfare — Wed, 27 Aug 2025 15:27:45 GMT

If four equal ES voucher payments add up to 110% then you met the Required Annual Payment.

Applying some refund to 2025 tax merely reduces the amount due on Tax Day

But, you can't make four equal ES voucher payments now because we're coming up on the third payment.

The amount applied will go toward your first voucher payment and the second if it is two times the voucher payment. In which case two payments are needed.
This eliminates any penalty.

@Kiwi

Re: estimated taxes

Kiwi — Wed, 27 Aug 2025 20:58:23 GMT

I have already paid my estimated taxes correctly.

My question was not how to pay my taxes, but it was a concern that Turbo Tax had not subtracted my 2024 overpayment when it calculated my 2025 Estimated Tax Vouchers. Shouldn't it?

@VolvoGirl

Re: estimated taxes

fanfare — Thu, 28 Aug 2025 16:53:59 GMT

" Shouldn't it? "

Maybe, but Iyou are observing it wont make that adjustment.

@Kiwi