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Level 1
posted Jan 28, 2024 6:04:27 PM

turbotax not calculatingn estimated payments 2023

My estimated payment information shows in the worksheet but Turbotax isn't including it in my 1040.

 

0 3 170
3 Replies
Level 15
Jan 28, 2024 6:07:55 PM

The estimates you made for 2023?  They're not on 1040 line 26?  Where did you enter them?

 

To enter Federal or State Estimated Taxes Paid, including a state estimated payment made in January for the prior year, go to

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

Deductions and Credits at top

Then scroll way down to Estimates and Other Taxes Paid

Estimated Taxes - click the start button

Level 15
Jan 28, 2024 6:08:00 PM

Look at your Form 1040 Line 26.  Is the payment entered?

 

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

 

Federal estimated taxes paid are entered on Form 1040 Line 26

Level 15
Jan 28, 2024 6:17:09 PM

It is now too late to pay any 2023 estimated payments ... the current 2023 program will complete 2024  1040-ES forms. 

 

https://ttlc.intuit.com/turbotax-support/en-us/help-article/printers-printing/print-estimated-tax-vouchers-2022-taxes/L4pUpKVeV_US_en_US?uid=lryat518