You'll need to sign in or create an account to connect with an expert.
Yes. Pay as soon as possible. Or you can pay directly on the IRS website https://www.irs.gov/payments
Be sure to pick the right kind of payment and year.....2024 Estimate
sorry for some reasom I thought you wer alking about estimates for Illinois. for fedeal basically the same rules apply for federal
depending on your 2024 Federal tax, you could still have a penalty for failure to make estimates the first 3 quarters.
if you have Federal withholding that could be increased for the year to make you penalty proof (100% of 2023 tax AGI less than $150K). even though the withholding would occur late in the year, under Federal law 1/4 of the total can be assumed to have been paid each period. This is not true with estimates. They only count on the date of payment.
@Mike9241 Am I missing something? I don’t see anything about Illinois in the question or in their profile.
correct no illinois mentioned. i was giving an example. OP has multiple non-resident states. just showing that Turbotax may not handle state passive loss carryovers that differ from the federal
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
gxt1
Level 2
NSiw2874
Level 1
32Tudor
Level 1
prasadbhusa
New Member
prasadbhusa
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.