Error in calculating 2024 State estimated taxes. I have entered estimated income and such as requested but TurboTax Deluxe still estimate my estimated tax due according to 2023 numbers. 2023 had a a sale of business so there is a huge tax number for 2023. 2024 estimated income numbers are and going to be very much lower. (Retired)
Review your entries since each type of income should be questioned. Perhaps you skipped something or left a blank when it should be zero for that part. You should be able to come back to your tax return and make adjustments all year as things change and so do estimated payments.
Sorry no change - still calculating 2024 taxes with 2023 numbers NOT estimated income numbers that are type in. Federal estimated is fine but state is not.
Oops I thought I had put that in.
KY deluxe desktop Mac
Jim DImitrious
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All updates are ran and still the same problem.
is it possibly a state problem?
I do not see ay reason when my income for this year is going to be almost nil to have to pay $6200 a quarter to have it all come back next year!
Any help would be appreciated
Jim DImitrious
KY
Please call TurboTax Customer service. Here is a link: Turbo Tax Customer Service