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bubsandz
New Member

If i apply tax refund to 2019 taxes does that REDUCE the quarterly estimated tax amount to be paid?

 
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WillK
Intuit Alumni

If i apply tax refund to 2019 taxes does that REDUCE the quarterly estimated tax amount to be paid?

Yes, it should. Turbo Tax will take the refund that you applied and calculate the new estimated tax payments. 

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2 Replies
WillK
Intuit Alumni

If i apply tax refund to 2019 taxes does that REDUCE the quarterly estimated tax amount to be paid?

Yes, it should. Turbo Tax will take the refund that you applied and calculate the new estimated tax payments. 

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

If i apply tax refund to 2019 taxes does that REDUCE the quarterly estimated tax amount to be paid?

they Failed to deduct the large refund applied to 2019 taxes and just took 110% of  2019 taxes divided by 4.  What Gives??

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