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Level 2

Question

turbo tax calculations incorrect?

Forum|Forum|3 years ago
March 23, 2023
1 reply
0 views

Hi

i put in my ES taxes paid last year (2022) and turbo tax added them up incorrectly. You can see it is wrong but it does not let you correct the amount. What to do when it is off by $200. I went back and added up all the numbers to make sure they are correct and that I input the correct info? It states what the amount is and ask you to click the done icon but what to do when the dollar amount is wrong. What are the options to fix the calculation errors. Thanks

Level 15

Federal estimated taxes paid are entered on Form 1040 Line 26. Look on your Form 1040 to verify.

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

michTax2023-Author

Level 2

I did those steps and it goes back to what I input the first time

the dollar amount is correct to what I paid but the addition is wrong on next page

What next?

Level 15

@michTax2023- What is important is what is actually entered on the federal tax return From 1040 Line 26.

What is entered on your Form 1040 Line 26?