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2020 Amended NJ Estimated Payments

Forum|Forum|4 years ago
January 18, 2022
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I amended my NJ 2020 tax form. I owed a small amount. However, I was sent estimated payment vouchers for Payments 2, 3, and 4 which were less than what I previously paid. Does this mean I get a refund or do I actually pay the amounts listed in addition to what I have previously paid. If I do get a refund, how will I receive it? Thank you in advance.

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Best answer by Critter-3

Estimated payment vouches for the NEXT tax year are automatically produced by the TT program when you have a balance due on the current return. So if you had a balance due on the 2020 NJ return you should have have paid the balance due with the amended return. The estimated payment forms were to be used to make sure this didn't happen again on the 2021 return and were optional to use not mandatory. Any payments you made using those vouchers were applied to the 2021 return that you are preparing now and they should be entered as such on the 2021 return.

M

MAK70

New Jersey will credit you with the amounts you actually sent in (and this is what you want to enter in TurboTax). You will have to complete the 2021 tax return to see if you get any refund.

fanfare

Employee

When NJ sends you ES vouchers, they are blanks.

If you got vouchers with amount entered, that may be some new behavior by NJ.

That would be surprising.

OR

You are looking at TurboTax vouchers, which is completely different.

Critter-3Answer

Estimated payment vouches for the NEXT tax year are automatically produced by the TT program when you have a balance due on the current return. So if you had a balance due on the 2020 NJ return you should have have paid the balance due with the amended return. The estimated payment forms were to be used to make sure this didn't happen again on the 2021 return and were optional to use not mandatory. Any payments you made using those vouchers were applied to the 2021 return that you are preparing now and they should be entered as such on the 2021 return.