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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?
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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.
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.
Thanks, VG. That makes sense. A little confusing (to me, anyway) that they show it that way. But totally makes sense. Thanks, again.
I always pay my state 4th quarter estimate by Dec 31 to keep it straight.
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