TT Showing Underpayment Penalty, But I Made Some Estimated Payments Last Year

[SyberKnight]

last year i became tired of getting the "Underpayment Penalties", so i finally tried wrapping my brain around how to make some estimated payments, and did so last year.

i'm not finding anywhere in TurboTax to let the software know how much i pre-paid (since the payments were done directly on the IRS website), and it's applying the penalty.

where do i go to enter those amounts that i paid?

[baldietax · Accepted solution]

Deductions & Credits / Estimates and Other Taxes Paid

[SyberKnight]

Ah, go it - THANK YOU!!

[VolvoGirl · Accepted solution]

To enter Federal or State Estimated Taxes Paid, including a state estimated payment made in January 2025 (for 2024) go to

Federal on left or at top (Personal for Home & Business)

Deductions and Credits

Then scroll way down to Estimates and Other Taxes Paid

Estimated Taxes - click the start button

If Estimates and Other Taxes paid doesn’t show up in the list, it may be called "Your Tax Breaks".    There should be a button lower on that page for "Other Tax Breaks" or "Show all tax breaks" or similar words.    That makes the topics expand and opens up more Deduction topics.