I am using TT H&B desktop. I am self-employed.
I am entering estimated taxes information in the personal section. I noticed that the "Other Income Taxes" is populated with a figure. From where does TT pull that figure from. This is confusing. thanks for your direction
You'll need to sign in or create an account to connect with an expert.
Other income taxes include most federal, state and local taxes paid. This includes:
- Taxes you paid with your 2023 federal, state or local extension.
- Taxes you paid with your 2022 state or local extension.
- 2022 federal, state and local tax refunds that you applied to your federal, state or local 2023 taxes owed.
- State and local taxes that were withheld during 2023 but not reported on Form W-2, 1099, W-2G, etc. For example, state and local taxes that were withheld when you completed a real estate transaction.
- Taxes paid with your 2022 state and local returns, including with an extension, amended return, or through an installment plan.
- State and local taxes you paid with your 2022 or prior year return. For example, you were audited or you recently filed a 2021 or prior year state or local return for the first time.
- Other state withholdings during 2023. For example, you had money withheld during escrow on a real estate sale and received a Form 593, Real Estate Withholding Statement.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
iyad-alsharif330
Level 1
AnonymousMom4
New Member
Oppeywon
New Member
iyad-alsharif330
Level 1
rlynng5816
New Member