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jclinard
New Member

I paid estimated taxes of $11,000 with my extension. Now that I've completed my return, it's trying to pay the full amount of $11,021. Help

 
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2 Replies

I paid estimated taxes of $11,000 with my extension. Now that I've completed my return, it's trying to pay the full amount of $11,021. Help

Have you gone through the interview section to report the tax payment you made with the extension?   Or do you need the steps to get to that topic and report your payment?
rjs
Level 15
Level 15

I paid estimated taxes of $11,000 with my extension. Now that I've completed my return, it's trying to pay the full amount of $11,021. Help

A payment with an extension is not estimated tax. It has to be entered in a different place from estimated tax, and it goes in a different place on your tax return. If you filed the extension from within TurboTax, the amount of your payment should have been automatically entered in your tax return. It should be on Form 1040 line 70, or included in the total on Form 1040A line 46 or Form 1040EZ line 9, with the amount of the payment shown to the left of the total on that line. If the payment was not automatically entered, you will have to enter it yourself. Here's how to enter the amount you paid with the extension into TurboTax.

  • In TurboTax Self-Employed or Home & Business click the Personal tab. In other editions click the Federal Taxes tab.
  • Click Deductions & Credits.
  • Click "I'll choose what I work on" or "Jump to a full list."
  • On the screen "Your 2016 Deductions & Credits," scroll down to the section "Estimates and Other Taxes Paid."
  • Click the Start, Update, or Revisit button for "Other Income Taxes."
  • Under the heading "Payments with Extension," click the Start, Update, or Revisit button for "Payment with 2016 federal extension."

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