topic Re: CA 540 X in State tax filing

CA 540 X

broc2 — Tue, 20 Apr 2021 12:01:00 GMT

need to amend CA 540. Error on original filing resulted in refund of all my estimated quarterly tax payments. How do I indicate on amended 540 that quarterly estimated tax payments were paid then refunded?

Re: CA 540 X

JotikaT2 — Wed, 21 Apr 2021 02:29:06 GMT

If you are only amending your state return to reflect the estimated tax payments, you don't need to. You would only need to amend your return if there are additional sources of income or deductions to report. Please see the link below for more details on when you would amend your return.

Do I need to amend?

If you determine you still need to amend, please see the link below for instructions on how to start your amended state return.

Steps to amend a state return

Once you are in the input section of the program for the amended return, you can enter the estimated tax payments as follows under the federal interview section:

Select Deductions & Credits
Scroll down through All Tax Breaks and select Estimates and Other Taxes Paid
Select Estimated Tax Payments
Select State estimated taxes for 2020
Select Yes to indicate you did pay estimates for 2020
Proceed to enter your payments with the date paid as applicable

Re: CA 540 X

broc2 — Wed, 21 Apr 2021 16:11:08 GMT

that was not my question. I pay only estimated taxes and due to an unwarranted deduction on original filing, I received a full refund of all taxes paid, whereas, I actually owed a small amount. In trying to rectify, I do not see where/how to indicate this refund in amended form 540. As I see it, I can either 1. go to forms and override the estimated tax I paid to reflect 0 on amended form 540 or B) complete the 540 to reflect the amount I should have paid had the refund not occurred, then reconcile on the attached form CA schedule X line 2, by adding in the amount of "overpaid tax" from original 540. perhaps there's another option. input appreciated re: correct way to proceed