Solved: Did you enter your estimated tax payments into TurboTax?...

I have paid $1200 quarterly estimated taxes in WI out of 1461 owed. I have an underpayment penalty. How are my estimated taxes already paid reflected in turbotax?

Why do I have an underpayment penalty in this situation since I have paid quarterly to the state?

posted

Did you enter your estimated tax payments into TurboTax? TurboTax doesn't automatically have that information. You must manually enter the information in the Deductions and Credits section under Estimates and Other Taxes Paid.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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**Answers are correct to the best of my ability but do not constitute tax or legal advice.

How does a 2021 extension payment get recorded with the 2023 turbotax software? This was not recorded in 2021 or 2022 tax years. (IRS guidance is to file a schedule 3)

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I have paid $1200 quarterly estimated taxes in WI out of 1461 owed. I have an underpayment penalty. How are my estimated taxes already paid reflected in turbotax?

I have paid $1200 quarterly estimated taxes in WI out of 1461 owed. I have an underpayment penalty. How are my estimated taxes already paid reflected in turbotax?

I have paid $1200 quarterly estimated taxes in WI out of 1461 owed. I have an underpayment penalty. How are my estimated taxes already paid reflected in turbotax?

Get more help

Do you have a TurboTax Online account?

I have paid $1200 quarterly estimated taxes in WI out of 1461 owed. I have an underpayment penalty. How are my estimated taxes already paid reflected in turbotax?

Do you have an Intuit account?

I have paid $1200 quarterly estimated taxes in WI out of 1461 owed. I have an underpayment penalty. How are my estimated taxes already paid reflected in turbotax?

I have paid $1200 quarterly estimated taxes in WI out of 1461 owed. I have an underpayment penalty. How are my estimated taxes already paid reflected in turbotax?

Get more help

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