how do i find the question i asked earlier today regarding annualized income method? it doesn't appear when i search for that topic

[IsabellaG]

Do you mean this one? 

[JST4]

Yes.  Thanks for responding.  i googled it and found out if I sign in and click on my profile the question will appear.  i was hoping I would see an answer to the question.  I am stuck on the proper way to enter deductions so it takes into account the SALT limitations.

[VictoriaD75]

The state and local tax (SALT) limitations will be automatically applied on your return. Just enter the full amount of your state & local incomes taxes or sales tax, real estate taxes, or personal property taxes, and the TurboTax software will apply the $10,000 SALT limit on Schedule A. You do not have to make adjustments to the dollar amounts you report for compliance with the limit.

@JST4 

[JST4]

Does that apply when entering the amounts in the 3 boxes I mentioned in my question ? So my total deductions through 8/31 can be greater than the total Turbo Tax displays?

And do you have an answer for my income question?

[JST4]

here is the income question also related to annualized income method:

AND on the annualized income side, I entered the amounts as received in the date boxes.  I have a capital loss carryover.  Do I divide it by 12 and then add it accordingly so it accumulates over the year?  Or do I do nothing, in which case TT takes it out for me in the 1/1/24-12/31/24 prepopulated total?

New option-

Or do I divide it by 3 and allocate it that way?

[DawnC]

I don't see a reference to the 3 boxes you mentioned, but if you open or sign in to your return and search for penalty, you can use the Jump to penalty link and enter your annualized income amounts in that section.   

[JST4]

Boxes you aren't seeing are in the Other Tax Situations when working the way through screens to reduce or eliminate a penalty

Other Tax Situations, when you get to the screen for deductions, Itemized Deductions on Schedule A,

there are dates with boxes next to them

1/1/2024-3/31/2024  -then a box to enter your #

1/1/2024-5/31/2024  then a box to enter your #

1/1/2024-8/31/2024 then a box to enter your #

1/1/2024-12/31/2024  Then Turbo Tax provides the total 

[DawnC]

If you want to go back to those boxes, click on the search bar, search for penalty - click on Jump to penalty, than click through the screens.   When asked if you want to annualize your income - answer YES and you will get those screens again.   See this TurboTax FAQ