topic Regarding estimated tax payments.......is the payment that was made in January considered for 2019 payments? in Get your taxes done using TurboTax

Regarding estimated tax payments.......is the payment that was made in January considered for 2019 payments?

shalakmassage — Fri, 23 Oct 2020 16:02:08 GMT

Is the estimated tax payment made January 2020 for 2019 estimated taxes grouped into taxes paid for 2019?

Re: Regarding estimated tax payments.......is the payment that was made in January considered for 2019 payments?

Anonymous_ — Fri, 23 Oct 2020 16:08:49 GMT

@shalakmassage wrote:
Is the estimated tax payment made January 2020 for 2019 estimated taxes grouped into taxes paid for 2019?

Yes, the January 2020 estimated tax payment applies to the 2019 tax year.

See https://www.irs.gov/faqs/estimated-tax/individuals/individuals-2

Re: Regarding estimated tax payments.......is the payment that was made in January considered for 2019 payments?

Critter-3 — Fri, 23 Oct 2020 16:14:04 GMT

The 4th quarter 2019 estimated payment that you paid in January of 2020 does go on the 2019 return. Look at the estimated payment entry screen options ... make sure you pick the correct ones ... there is a difference between paid FOR and paid IN when it comes to the state/local estimates.