topic Re: Change Banking Info for NYS Estimated Payments in State tax filing

Change Banking Info for NYS Estimated Payments

MvGuy425 — Fri, 20 Sep 2019 01:03:58 GMT

My accounts were recently hacked and I had to close my old checking account. When I originally filed my New York state tax return, I included auto debits to pay estimated payments throughout the year. Is there a way that I can change the bank information within TurboTax to enter my new account?

Re: Change Banking Info for NYS Estimated Payments

VolvoGirl — Fri, 20 Sep 2019 01:16:47 GMT

Don't know what you did but you can not set up auto debits in Turbo Tax. Only for the current tax due payment. You have to go to the IRS or state website to pay Estimates. Or mail a check with a 1040ES slip.

So you better check if your first and second quarter estimates actually got paid out of your bank account or credit card.

Re: Change Banking Info for NYS Estimated Payments

MvGuy425 — Fri, 20 Sep 2019 01:24:01 GMT

TurboTax allowed me to set up direct debits which were automatically taken out of my account for the 1st and 2nd quarters. The instructions for the NYS return literally say that this is what occurred, and not to send in the estimated payment vouchers.

Re: Change Banking Info for NYS Estimated Payments

VolvoGirl — Fri, 20 Sep 2019 01:28:09 GMT

Ok, I guess NY is special. Must be the only state that let's you do that. Then I don't know how to update it through Turbo Tax. You probably have to change it on the state website.

Re: Change Banking Info for NYS Estimated Payments

Critter — Fri, 20 Sep 2019 14:25:01 GMT

Nothing can be changed in the TT system after filing ... you can mail in payments instead for the last 2 needed or find a way to do it online at the NY website.