Where are the quarterly Estimated Taxes that I paid for the 2020 tax year reflected/accounted for in my 1040-SR return? I thought I would be due a refund? Also, the designation 1040-SR is new to me: I am new to Turbo Tax (always did my tax returns myself). I am 74 years old and this is the first time I have encountered this designation. Is this something new?
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The Form 1040-SR is the exact same form as the Form 1040 but has a larger typeface for easier reading. It is available for seniors age 65 or older. The form was released by the IRS starting in tax year 2019.
To enter, edit or delete estimated taxes paid (Federal, State, Local) -
Or enter estimates paid in the Search box located in the upper right of the online program screen. Click on Jump to estimates paid
Or click on Tax Tools on the left side of the online program screen.
Click on Tools
Click on Topic Search
Type in estimated tax payments, click on GO
Federal estimated taxes paid are entered on Form 1040 Line 26
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