I've made a payment with my Extension form 4868, but when i go through the TurboTax software, it does not see that i have made a payment and is giving me a total amount due rather subtracting the amount i already paid with the extension filing from earlier this year. How can i fix this so that i can finish my filings?
To enter, change or delete a payment made with an extension request (Federal, State, Local) -
Click on Federal Taxes (Personal using Home and Business)
Click on Deductions and Credits
Click on I'll choose what I work on (if shown)
Scroll down to Estimates and Other Taxes Paid
On Income Taxes Paid, click on the start or update button
On the next screen select the type of extension payment made and click on the start or update button
The federal extension payment will be shown on Schedule 3 Line 10. The amount from Schedule 3 Part II Line 15 flows to Form 1040 Line 31
go to Federal Taxes > Estimated and Taxes paid > Yes > Payments with extensions
go to Payment with 2022 extension and enter the ampunt you paid; Turbotax will adjust the return amount based on that
Thank you for the directions. I followed these directions and entered the amount i included with my extension, but the amount due did not update and remained the same. I would appreciate any further help.
When you requested your extension you were supposed to pay your estimated tax due. Did you enter the payment you made into your tax return? Go to Federal>Deductions and Credits>Estimates and Other Taxes Paid>Other Income Taxes