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estimated tax from the year before. How to enter?

In 2018, my accountant did the return and stated:

 

“No tax is payable with the filing of this return. There is an overpayment of x of which y has been applied to your 2019 estimated tax.”

 

For 2019’s return and I am doing it myself on Turbotax, where can I enter y in Turbotax?

On Federal Tax -> Deductions and Credits -> Estimates and Other Taxes Paid -> Estimates, I saw one can enter the estimated tax by quarters. Since my payment from carried over from 2018. How do I enter it?

Thank you in advance!

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1 Best answer

Accepted Solutions
KatrinaB48
Expert Alumni

estimated tax from the year before. How to enter?

Follow the directions below to enter your 2018 refund credit in TurboTax Online:

  1. Log in and open your return (unless already open).
  2. Click the search field, type Refund Applied to This Year, and click the Jump To link in the search results.
  3. On the next screen, scroll down and select Start next to the appropriate category (federal, state, or local) and follow the instructions. 
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3 Replies
KatrinaB48
Expert Alumni

estimated tax from the year before. How to enter?

Follow the directions below to enter your 2018 refund credit in TurboTax Online:

  1. Log in and open your return (unless already open).
  2. Click the search field, type Refund Applied to This Year, and click the Jump To link in the search results.
  3. On the next screen, scroll down and select Start next to the appropriate category (federal, state, or local) and follow the instructions. 
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

estimated tax from the year before. How to enter?

Because my withholding was insufficient in 2018, I had to make quarterly additional payments in 2019.  Where do I enter those amounts when following your step-by-step instructions?

estimated tax from the year before. How to enter?


@jncwallace wrote:

Because my withholding was insufficient in 2018, I had to make quarterly additional payments in 2019.  Where do I enter those amounts when following your step-by-step instructions?


To enter, edit or delete estimated taxes paid (Federal, State, Local) -

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Deductions and Credits
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Estimates and Other Taxes Paid
  • On Estimates, click on the start or update button

Or enter estimates paid in the Search box located in the upper right of the online program screen. Click on Jump to estimates paid

 

Or click on Tax Tools on the left side of the screen.
Click on Tools
Click on Topic Search
Type in estimated tax payments, click on GO

 

Federal estimated taxes paid are entered on Form 1040 Schedule 3 Line 8. The totals for Schedule 3 flow to Form 1040 Line 18d

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