Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
46ab
Returning Member

Nebraska estimated tax credit for 2020

turbo tax does not ask for estimated income tax payments that have been made for 2020, therefore it does not show up on the state tax return as credit or having been paid

which leads to a tax penalty and unpaid tax for what we have already paid

how do I get credit for estimated taxes already paid for 2020

 

3 Replies
DaveF1006
Expert Alumni

Nebraska estimated tax credit for 2020

You will need to enter this into your federal return under estimated tax payments made.

  1. After logging into Turbo Tax
  2. Go to federal>deductions and credits>Estimates and Other Taxes Paid>show more
  3. Estimated Tax Payments>start
  4. State estimated taxes for 2020>start
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
PZed
Level 1

Nebraska estimated tax credit for 2020

I used my 2019 Nebraska over payment to pay my 2020 Nebraska estimated taxes.  The form says not to include that money in the State estimated taxes.  Is there somewhere else to enter that amount?

DoninGA
Level 15

Nebraska estimated tax credit for 2020


@PZed wrote:

I used my 2019 Nebraska over payment to pay my 2020 Nebraska estimated taxes.  The form says not to include that money in the State estimated taxes.  Is there somewhere else to enter that amount?


To enter, change or delete a refund from the prior year applied to this years taxes (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 Other Income Taxes, click on the start or update button

On the next screen select the options under 2019 Refund Applied to 2020


Or enter refund applied to this year in the Search box located in the upper right of the program screen. Click on Jump to refund applied to this year

Dynamic AdsDynamic Ads
Privacy Settings
v