turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

mybetts
New Member

Where do I find out in turbo tax what I should pay in estimated tax submittals

I submitted more estimated tax  money for 2023 than my 2022 tax return  called for. Why is my2023 tax preparation indicating a $34.00 shortage?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
ee-ea
Level 15

Where do I find out in turbo tax what I should pay in estimated tax submittals

A great way to find out what happened is to make a line by line comparison of this return and the prior one(s).

ThomasM125
Expert Alumni

Where do I find out in turbo tax what I should pay in estimated tax submittals

Even though you paid in more tax this year than the previous year, your income may have increased and that can cause your tax to increase by more than the increase in your estimated tax payments. That would explain why you still owe taxes this year.

 

You can visit the Other Tax Situations section in TurboTax, then Other Tax Forms then Form W-4 and Estimated taxes to determine how much estimated taxes to pay in.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question