turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Davidsch4890
Returning Member

Errors in the Kentucky Estimated Tax worksheet for 2021

I reviewed the Kentucky estimated tax worksheet and noticed that it does not use the correct standard deduction on line 6.  Also it didn't calculate line 12 correctly.

 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

5 Replies
AnnetteB6
Employee Tax Expert

Errors in the Kentucky Estimated Tax worksheet for 2021

The standard deduction of $2690 shown on the KY Estimated Tax worksheet is correct for 2021 taxes.  There is an increase of $40 from 2020 to 2021.

 

You will need to provide additional information about line 12 with regard to the incorrect calculation.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Davidsch4890
Returning Member

Errors in the Kentucky Estimated Tax worksheet for 2021

The Estimated tax worksheet calculated the Tax correctly on line 8 and the tax credits for line  9, 10, and 11.  I think line 12 should be the Line 8 minus line 11

Davidsch4890
Returning Member

Errors in the Kentucky Estimated Tax worksheet for 2021

Hit post too early.  So the worksheet was good up to line 11.  Line 12 should be Subtract the total on line 11 from line 8.  In my worksheet line 8 had a $7800 and Line 11 showed $80.  Therefore I expected Line 12 to be $7720 but the worksheet in Turbo Tax had $12480.    I do not know where the $12480 came from.

Dave 

Davidsch4890
Returning Member

Errors in the Kentucky Estimated Tax worksheet for 2021

I have been doing some what if on the Kentucky estimated and no matter what I put in for wages and taxable income the form always comes back with $12,130 as my estimated tax.

AmyC
Employee Tax Expert

Errors in the Kentucky Estimated Tax worksheet for 2021

You can use the Kentucky Tax Calculator - Tax Form Calculator and you can schedule payments online at Estimated Individual Income Tax Payments - KY Department of Revenue,

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question