How can I use turbo tax to calculate and pay estimated tax? I own rental properties through an LLC I control. This year I sold a property for a sizable gain.

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1 Best answer

Level 15

Sep 28, 2023 11:45:57 AM

If you are using a desktop version of TurboTax you can use the "What/If" feature but you cannot pay your estimates through TurboTax (other than paper filing a 1040-ES).

You can pay estimates through the IRS sites below.

EFTPS (requires registration): https://www.eftps.com/eftps

IRS Payments: https://www.irs.gov/payments

Level 15

Sep 28, 2023 11:45:57 AM

If you are using a desktop version of TurboTax you can use the "What/If" feature but you cannot pay your estimates through TurboTax (other than paper filing a 1040-ES).

You can pay estimates through the IRS sites below.

EFTPS (requires registration): https://www.eftps.com/eftps

IRS Payments: https://www.irs.gov/payments

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How can I use turbo tax to calculate and pay estimated tax? I own rental properties through an LLC I control. This year I sold a property for a sizable gain.