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qinhh
Returning Member

Turbotax business 2023 parses the state estimate tax payments ($800 for CA) of 2022 and 2023 to the 1120S, line 24a

Doing 2023 tax return for a s-corp, and turbotax parses my state estimated tax payment of 2022 and 2023 in to the federal return(1120s), line 24a, 25. 

 

Since s-corp does not pay tax on the federal level, turbotax considers the parsed payments as an overpayment (line #27).

 

would be nice to get the money back, but I did not pay, and is not my money.

I tried to report this as a severe bug to turbotax, but can't find how and wehere to report.

 

Need response as soon as possible.

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1 Reply
RobertB4444
Expert Alumni

Turbotax business 2023 parses the state estimate tax payments ($800 for CA) of 2022 and 2023 to the 1120S, line 24a

These estimated payments should not be entered on the federal return at all.  They are information for the California return and should only be entered there.

 

@qinhh 

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