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You do not enter 2023 estimated income on a 2022 tax return.
I'm not asking where to enter it on the return, I would like to know where to enter it in the TT program for the purpose of estimated taxes. Otherwise I guess I need to manually adjust estimated taxes in the 2022 program because 2023's income will be quite different
@Pebbles2 wrote:
I'm not asking where to enter it on the return, I would like to know where to enter it in the TT program for the purpose of estimated taxes. Otherwise I guess I need to manually adjust estimated taxes in the 2022 program because 2023's income will be quite different
See this TurboTax support FAQ for calculating 2023 estimated tax payments - https://ttlc.intuit.com/turbotax-support/en-us/help-article/estimated-taxes/turbotax-calculate-next-...
The step-by-step references adjusting W-4 income so I skipped it (needed to adjust Sch C income). Upon revisiting that section, was able to make adjustment. Perhaps TT should just call it "Adjust Income and Estimated Taxes" Thanks for directing me to that section.
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