So I don't have a lot of estimated taxes to pay, at least at the state level.
First page says my 2024 NY income tax payment is $1,506. Next page when it goes into quarterly detail:
1 1,248
2 377
3 376
4 376
Total estimated tax payment 2,377
I am... bewildered.
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It appears that an entry was made for the first quarter voucher for $1,248 because the entry is blue, which means the data was entered. Review the TurboTax article What do all the different colors in Forms Mode mean? for more information.
Don't worry, all you have to do is replace the entry of $1,248 under Voucher amounts for 1st Quarter with $377.
If you still need help, send us another post.
Please clarify what your question is.
TT Desktop is saying my total estimated 2024 tax payments are $1506.
Then goes on to list four (mostly) uneven payments that add up to $2377.
Am I not understanding something about the vouchers? As the form suggest all four of the payments are about the same... While on the voucher lines beneath - and what displays in step-by-step... the first payment is almost quadrupled.
It appears that an entry was made for the first quarter voucher for $1,248 because the entry is blue, which means the data was entered. Review the TurboTax article What do all the different colors in Forms Mode mean? for more information.
Don't worry, all you have to do is replace the entry of $1,248 under Voucher amounts for 1st Quarter with $377.
If you still need help, send us another post.
Okay; thank you. I really do not recall doing any entry here, but it certainly is possible.
I will note I did open the form and place the cursor there to see if there was a link to another calculation spreadsheet or something that would explain the difference.
Regardless my question is answered and I know what to pay.
Thank you for your help.
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