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I assume that you refer to estimated taxes you have paid quarterly.
You can enter the estimated taxes you paid by following these steps:
The description of where to go is wrong, this doesn't get me to the location where pre-paid taxes can be entered.
Estimated taxes are pre-payments of your tax due. Follow these steps to enter these payments:
Your explanation is clear enough, but I don't think we are using the same software.
I click on the Deductions and Credits list, and "Estimates and Other Taxes" paid is not present. Below is a screen shot of what I see.
If "Estimates" was a portion of a title of an easy step page it should be accessible through the search function. Below is a screenshot of the lack of results found when I searched that word:
Or similar in the help section where that word "estimates" doesn't seem to be searchable in the help index either.
I sure hope that this is a simple error in my software or perhaps there may be something wrong with the several responses that seem to be directly written to instruct me to fine menus that don't seem to exist.
Those screens are not from Turbo Tax. You must be using something else. Are you maybe doing a Canada return?
They are from Turbo Tax:
This is a Canadian Return, I searched TurboTax Canada Prepaid Tax and a response similar to yours is what TurboTax presented.
This is the USA forum.
Here is the Canada forum
https://turbotax.community.intuit.ca/tax-help
Or Contact TurboTax Canada Support
Thanks for your help. I don't understand why TurboTax doesn't explicitly show how to do this.
Andy Evans
Thanks for this helpful information.
It's a pity that my TurboTax account doesn't automatically show record of my payment and direct me to this page or offer a link.
Mostly correct assumption. I had $75000 moved from a normal IRA to a ROTH in May of 2021 and electronically transfered $18000 from another non IRA account to the the IRS (May 16) to PRE PAY the tax. BUT, TURBOTAX reduced, by it’s calc, in the form of an $11 penalty, my refund.
If the IRS does not catch this, you owe me $11.
@UncleJim2u You entered the $18,000 estimated payment? You might have been able to eliminate it or at least reduce it. You can go to Federal Taxes tab or Personal tab, under Other Tax Situations and select Start by the Underpayment Penalties. You will answer a series of questions that may reduce or eliminate the penalty. Or you can elect to have the IRS figure the penalty for you. It's form 2210.
How to add form 2210 for Underpayment Penalty
https://ttlc.intuit.com/community/tax-payments/help/how-do-i-add-form-2210/00/25703
It's under
Federal or Personal (for Home & Business Desktop)
Other Tax Situations
Additional Tax Payments
Underpayment Penalties - Click the Start or update button
See my previous reply. And, add this to your answered direction: That is what I did.
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