Why are estimated tax payments made in an income section in TurboTax?

clarkh1 — Sat, 27 Feb 2021 17:58:34 GMT

Re: Why are estimated tax payments made in an income section in TurboTax?

SweetieJean — Sat, 27 Feb 2021 18:35:58 GMT

Probably because that's where withholdings amounts are also recorded.

Re: Why are estimated tax payments made in an income section in TurboTax?

DoninGA — Sat, 27 Feb 2021 18:39:15 GMT

Estimated tax payments are not entered in the Wages & Income section of the TurboTax program.

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

topic Why are estimated tax payments made in an income section in TurboTax? in Get your taxes done using TurboTax

Why are estimated tax payments made in an income section in TurboTax?

Re: Why are estimated tax payments made in an income section in TurboTax?

Re: Why are estimated tax payments made in an income section in TurboTax?