You'll need to sign in or create an account to connect with an expert.
It reduces your quarterly estimated payments. It is applied starting with estimated payment 1. If you have any left over or excess overpayment after payment 1, it gets applied to estimated payment 2. Turbo tax will print your estimated payment vouchers with these computations already done.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Bill413
New Member
cvoegtli
New Member
vernica4
New Member
Justholly
New Member
77aa3cb72278
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.