Form 4868 Line 7

Forum|Forum|2 years ago
September 13, 2023
1 reply
7 views

I filed for an extension earlier this year through TurboTax and was approved. I even paid taxes in advance so I wouldn’t be penalized for owing any taxes. Now that I’m completing my taxes, the TurboTax software said I need to review Line 7 of Form 4868. I’m not sure why I even have this form if I was already approved for an extension and I have no clue what to enter in that box? Please help!

TurboTax Free Edition Online

Mike9241

Level 15

line 7 should reflect what you paid on extension.

Mike9241

fanfare

Level 15

DId you pay through Turbotax an amount with your request for extension?

Probably not, otherwise TurboTax would already know the amount.

You need to review your 1040 to see that you are getting credit for the amount already paid.

@jo262

xmasbaby0

Level 15

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

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**