turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I paid $315 each quarter during the past 12 months. How do I get credit for this against my tax liability for 2016?

 
1 Best answer

Accepted Solutions
MinhT
Expert Alumni

I paid $315 each quarter during the past 12 months. How do I get credit for this against my tax liability for 2016?

The amounts you paid are estimated taxes. To get the credit for these amounts, you need to enter them on your tax return.

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

  • In TurboTax, open your tax return and click on Personal, then Deductions & Credits
  • On the next page, click on I'll choose what I work on
  • Locate the section named Estimates and Other Taxes Paid
  • Click on Start next to Estimates (see attached screenshot).

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

View solution in original post

1 Reply
MinhT
Expert Alumni

I paid $315 each quarter during the past 12 months. How do I get credit for this against my tax liability for 2016?

The amounts you paid are estimated taxes. To get the credit for these amounts, you need to enter them on your tax return.

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

  • In TurboTax, open your tax return and click on Personal, then Deductions & Credits
  • On the next page, click on I'll choose what I work on
  • Locate the section named Estimates and Other Taxes Paid
  • Click on Start next to Estimates (see attached screenshot).

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

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v