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Why do I need to estimate my taxes due for an extension? Wasn't TurboTax collecting this along the way?

 
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HelenaC
New Member

Why do I need to estimate my taxes due for an extension? Wasn't TurboTax collecting this along the way?

Yes, however, the reason you are filing an extension is because you don't have all your tax documents. Tax documents could be in the form of missing W-2's, 1099's, K-1's, etc. Those tax forms and undeclared tax deductions may calculate a new tax liability so that is why you manually have to enter an amount.

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