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Your estimated tax payments will serve as a credit against your Federal tax liability and have to be entered on your tax return.
In TurboTax Online, you can enter estimated taxes you paid by following these steps:
To enter, edit or delete estimated taxes paid (Federal, State, Local) -
Click on Federal Taxes (Personal using Home and Business)
Click on Deductions and Credits
Click on I'll choose what I work on (if shown)
Scroll down to Estimates and Other Taxes Paid
On Estimates, click on the start or update button
Or enter estimates paid in the Search box located in the upper right of the online program screen. Click on Jump to estimates paid
Hi,
I am not seeing that option from my home and business version for Canada.
I submitted my return and entered the estimated tax payment under quarter installments made for 2024.
Please advise how I could correct that.
@leerigonan wrote:Hi, I am not seeing that option from my home and business version for Canada.
I submitted my return and entered the estimated tax payment under quarter installments made for 2024. Please advise how I could correct that.
This is the USA community forum. If you need help with a Canadian TurboTax product, here's the Canada TurboTax Community forum:
https://turbotax.community.intuit.ca/community/turbotax-support/help/03/en-ca
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