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What does it mean when they ask how much of your 2023 estimated local taxes did you pay in 2024

 
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MindyB
Employee Tax Expert

What does it mean when they ask how much of your 2023 estimated local taxes did you pay in 2024

They are asking if you paid an estimated payment in 2024, but designated it for 2023.  

 

For example, if you sent in a late quarter 4 estimate in January 2024 (or if your locality has a due date for quarter 4 estimates later than the federal due date of 12/15/24), that would be considered 2023 estimated tax paid in 2024. 

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