topic Where do we report estimated tax payments made quarterly in 2020? in Get your taxes done using TurboTax

Where do we report estimated tax payments made quarterly in 2020?

akhileshv — Thu, 04 Mar 2021 20:48:55 GMT

If we made quarterly estimated tax payments on July 15,2020 ( For 2020, IRS allowed Apr15 payment to be delayed till July15), Sept 15,2020 and Jan 15,2021 for FY20, where would be report those in Turbotax, to claim credit for those? I do not see an option for those. Any advice?

Re: Where do we report estimated tax payments made quarterly in 2020?

DoninGA — Thu, 04 Mar 2021 20:51:20 GMT

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

Re: Where do we report estimated tax payments made quarterly in 2020?

akhileshv — Thu, 04 Mar 2021 20:53:37 GMT

Thanks so much for the quick reply.

Does this procedure apply for State estimated tax payments as well?

Thanks

Re: Where do we report estimated tax payments made quarterly in 2020?

DoninGA — Thu, 04 Mar 2021 21:10:36 GMT

@akhileshv wrote:

Thanks so much for the quick reply.

Does this procedure apply for State estimated tax payments as well?

Thanks

Yes, you enter the State estimated taxes paid in the same section of the program as federal