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riders
New Member

How do I go about getting my quarterly payments back? I have never had to make these payments before and I had money taken out of my income to cover most of my balance.

 
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1 Best answer

Accepted Solutions
MinhT
Expert Alumni

How do I go about getting my quarterly payments back? I have never had to make these payments before and I had money taken out of my income to cover most of my balance.

You have paid estimated taxes and have to enter the payments in TurboTax to get the credit. State estimated taxes are also entered in the Federal section and will flow through to your state return.

You can enter estimated taxes you paid by following these steps:

  • In TurboTax, open your tax return
  • Click on Federal in the left-hand column, then Deductions & Credits on top of the screen
  • Scroll down to All tax breaks, locate the section named Estimates and Other Taxes Paid and click Show more
  • Click on Start next to Estimated Tax Payments
  • On the next page, click Start next to Federal estimated taxes for 2018 (form 1040ES) (see attached screenshot)
  • For state estimated taxes, click Start next to State Estimated taxes for 2018

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
MinhT
Expert Alumni

How do I go about getting my quarterly payments back? I have never had to make these payments before and I had money taken out of my income to cover most of my balance.

You have paid estimated taxes and have to enter the payments in TurboTax to get the credit. State estimated taxes are also entered in the Federal section and will flow through to your state return.

You can enter estimated taxes you paid by following these steps:

  • In TurboTax, open your tax return
  • Click on Federal in the left-hand column, then Deductions & Credits on top of the screen
  • Scroll down to All tax breaks, locate the section named Estimates and Other Taxes Paid and click Show more
  • Click on Start next to Estimated Tax Payments
  • On the next page, click Start next to Federal estimated taxes for 2018 (form 1040ES) (see attached screenshot)
  • For state estimated taxes, click Start next to State Estimated taxes for 2018

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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