You'll need to sign in or create an account to connect with an expert.
No, if that extra $1000 payment was applied to your 2019 balance due then it is not deductible on your 2020 tax return.
The extra $1000 payment was $1000 more than what we owed for 2019. Specifically, we owed $8000 and ended up paying $9000. Can we get the extra $1000 back by deducting from what we owe for 2020?
You should be able to report this payment under Federal / Deductions & Credits / Estimates and other taxes paid / Income taxes paid / Withholding not already entered on a W-2 or 1099. The withholding will be reported on line 25c of the 1040.
You may want to verify that the IRS has given you credit for this amount. View or create an IRS Account. See this.
Online Account is an online system that allows you to securely access your individual account information. You may view:
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
LamontJoshua
New Member
carneybitch
New Member
loveat3190
Level 1
CycloneB
Returning Member
OrangeBook
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.