☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 4
posted Aug 23, 2022 2:08:23 PM

Prior year state estimated taxes paid don't seem to be included in the calculated total

TT 2021 Desktop: PERSONAL/Deductions& Credits/Estimates and Other Taxes Paid/Estimates

I've entered $200 as State estimated taxes for 2021. I've entered $500 as 2020 state estimated taxes paid in 2021. I click on the Done with Tax Payments button and see a total of $200 displayed on the Estimates line next to the Update button. Seems like a bug. 

Thoughts?

0 3 708
1 Best answer
Level 15
Aug 23, 2022 2:21:22 PM

I have Home & Business also.  The $200 is just the estimates for 2021.  So it's right.  The 500 can just be a federal itemized deduction on Schedule A.  It doesn't go against your 2021 state return.  It was entered on your 2020 state return.  Don't worry about it.  

3 Replies
Level 15
Aug 23, 2022 2:21:22 PM

I have Home & Business also.  The $200 is just the estimates for 2021.  So it's right.  The 500 can just be a federal itemized deduction on Schedule A.  It doesn't go against your 2021 state return.  It was entered on your 2020 state return.  Don't worry about it.  

Level 4
Aug 23, 2022 2:27:15 PM

Thanks, VG. That makes sense. A little confusing (to me, anyway) that they show it that way. But totally makes sense. Thanks, again.

Level 15
Aug 23, 2022 2:31:40 PM

I always pay my state 4th quarter estimate by Dec 31 to keep it straight.