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aquafoil
New Member

Turbotax Premier Maryland.

I don't see where Maryland estimated taxes paid are accounted for.

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2 Replies

Turbotax Premier Maryland.

Did you enter them or can't find where to enter it?  

 

To enter Federal or State Estimated Taxes Paid, including a state estimated payment made in January for the prior year, go to

Federal on left or at top. Personal (Home & Business)

Deductions and Credits at top

Then scroll way down to Estimates and Other Taxes Paid

Estimated - click the Start or Update button

 

You enter state estimated payments under the federal side (because they can be a federal itemized Deduction). THEN after you finish filling out the estimates under Federal you need to click on the State Tab at the top and start the state return over for it to update.


You have to pick the right state from the drop down box and enter the right payment dates.

MinhT1
Employee Tax Expert

Turbotax Premier Maryland.

Your state estimated tax payments will serve as a credit your state tax liability and have to be entered on your tax return.

 

You enter your state estimated tax payments in the Federal section and they will flow through to your state return.

 

You can enter the state estimated taxes you paid by following these steps:

  • In TurboTax, open your tax return
  • Click on Federal in the left-hand column, then Deductions & Credits on top of the screen
  • Scroll down to All tax breaks, locate the section named Estimates and Other Taxes Paid and click Show more
  • Click on Start next to Estimated Tax Payments
  • On the next page, click Start next to State estimated taxes for 2020.
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