I made estimated tax payments for 2020, where do i enter that in my tax return?

[RGT93]

I made estimated payments in January for income earned in 2020.

[ErnieS0]

To enter your quarterly federal tax payments in TurboTax:

• Type estimated taxes in Search in the upper right
• Click on Go to Estimated Tax Payments
• Start Federal estimated taxes for 2020 (Form 1040ES)
• Say Yes to Did you pay federal estimated taxes for 2020?
• Enter your payment in the first quarter if made on or before July 15.

The IRS levies a penalty for underpayment of estimated tax if you didn’t pay enough tax throughout the year, either through withholding or by making estimated tax payments, you may have to pay a penalty for underpayment of estimated tax.

Generally, most taxpayers will avoid this penalty if they owe less than $1,000 in tax after subtracting their withholdings and credits, or if they paid at least 90% of the tax for the current year, or 100% of the tax shown on the return for the prior year, whichever is smaller.

Refer to Penalty for Underpayment of Estimated Tax