Over paid on estimated tax to be paid for 2023 both federal and state

[joseph_ld]

Hi,

I filed an extension to file my taxes for 2023.  Before I can file an extension, I needed to know if I was going to pay or not. The answer is yes, I was going to pay taxes. So I estimated the amount for fed and state.  I paid this in April 2024.

I finally, finished my taxes and the actual amount owed is less than what I paid.

Where do I put what I already paid on 1040 and form 540?

[VolvoGirl · Accepted solution]

Yes you need to enter the extension payment.  

If your extension payment did not automatically show up on 1040 you need to enter it. So make sure it's not already there before you enter it!

For 2023 Federal Extension payments should be on schedule 3 line 10. And go to 1040 line 31.  For CA 540 it is on line 72. 

You can type estimates paid in the search box at the top of your return and click Find and it will give you a link to Jump To the screen where you enter Extension Payments.

To enter the amount you paid with an extension (including state extension) go to

Federal Taxes (or Personal for desktop H&B version)

Deductions and Credits

Then scroll way down to Estimates and Other Taxes Paid

Other Income Taxes - Click the Start or Update button

Next page second section Payments with Extension

Either Visit All or Click Start or Update by the extension you paid