I applied part of my refund to the 2019 taxes, but it didn't change the amounts shown on my estimated tax coupons. It did for the State, but not for the Federal.

I assumed it would take the amount assigned to 2019 off the first couple of estimated taxes, but it didn't. Where did the money go that I assigned to 2019??? This happened last year too, and I wound up with a large refund when I first started the 2018 form. I want to reduce the estimated payments. How do I do that?

834

Level 15

Jun 4, 2019 1:42:19 PM

If you apply a lot of your refund to next year, you must do the algebra yourself and adjust your ES payments accordingly.

Turbotax doesn't do that for you.

Level 15

Jun 4, 2019 1:42:20 PM

I'm surprised it did it for State, but what do I know?
Are you sure ?

New Member

Jun 4, 2019 1:42:22 PM

I agree. It did it for the State and, in the past, has done it for the Federal. For some reason, it didn't do that last year, but I didn't notice...so paid much ore than I needed to. Doesn't make sense that it does it for State, but not for Federal. But if that's the case, I'll apply it myself.

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I applied part of my refund to the 2019 taxes, but it didn't change the amounts shown on my estimated tax coupons. It did for the State, but not for the Federal.