Before filing TurboTax tax return, how do we specify partial taxes paid for current year Form 1040?

Forum|Forum|1 year ago
March 7, 2025
1 reply
0 views

I would be owning taxes this year. Before I could file the TurboTax tax return (still waiting for some tax forms), I paid partial taxes online via IRS portal for Form 1040 (current tax return year).

I couldn't identify the place to specify the paid tax amount. Where should I specify the paid amount so that TurboTax will show the correct remaining balance?

TurboTax Deluxe Online

Best answer by AnnetteB6

I made the extension tax payment last month (Form 4868), for extending 2024 tax filing.

And another tax payment this week (Form 1040), not Form 1040-ES.

I am aware it will have to specify somewhere under the Estimates and Other Taxes Paid area of the Deductions and Credits section. But which is the best category?

There is not really a place to enter an early Form 1040 payment made prior to completing your return. Include both of your payments (Form 1040 and Form 4868) as a payment made with your extension, Form 4868.

Go to Deductions and Credits > Estimates and Other Taxes Paid > Other Income Taxes > Payments with Extension > Payment with 2024 Federal extension to enter the total amount that you paid.

@crimson91

SharonD007

You can ‌enter the taxes that you paid online this year for your 2024 taxes in the Estimates and Other Taxes Paid area of the Deductions and Credits section.

Refer to the TurboTax Help article Where do I enter my estimated tax payments? for navigation instructions.

Enter as federal estimated taxes and change the date for the Fourth Quarter to the date you paid the taxes online and enter the amount.

The amount will be entered on Line 26 of your 1040.

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

crimson91Author

Employee

I paid the taxes as Form 1040, not Form 1040-ES (not as quarterly tax payments). The payment is made this week (after the 1/15 quarterly payments deadline).

I also made an another earlier tax payment for Form 4868 (extension) last month. Can I slot in the most recent tax payment amount (this week) under the extension category instead?

SharonD007

When did you make Tax payments with Form 4868 Extension? You file an extension before the tax deadline to extend the filing date until Oct 15. Did you make payments for an extension for tax year 2023 or tax year 2024?

Payments that you made toward your 2024 tax liability can be entered in the Estimates and Other Taxes Paid area of the Deductions and Credits section.

Refer to the TurboTax Help article Where do I enter my estimated tax payments? for navigation instructions.

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