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June 5, 2019
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How does Turbotax compute state est. tax payment deduction? Made Q4-17 payment in Dec for 5 total payments in 2017. Q4-16 pd in Jan 2017- appears this is not captured.

  • June 5, 2019
  • 2 replies
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Best answer by Critter

And the 4th quarter 2016 payment made in 2017 should have transferred from the prior year return if you used the same TT account ... if not you will need to enter it manually ... see that section in the same place as the other estimated payments ....


2 replies

Critter
CritterAnswer
Employee
June 5, 2019

And the 4th quarter 2016 payment made in 2017 should have transferred from the prior year return if you used the same TT account ... if not you will need to enter it manually ... see that section in the same place as the other estimated payments ....


ldelcam99Author
June 5, 2019
I did visit this section, and yes it was automatically populating from last year's return.  The amount showing for 2017 Estimated Tax Payments is for the 2017 Fed (4 pmts) & State (4 pmts).  It is not capturing the Q4-16 paid in 2017.  Maybe it's on the detailed calculation form but doesn't show here.  I guess once I'm ready to complete my return then I'll be able to see the detailed calculation and know whether there is a glitch.
Critter
Employee
June 5, 2019

All payments made in 2017 will be reflected on the Sch A  IF  you enter them as 2017 payments ... the program defaults to the 1/16/18 date and you must enter the 2017 date you actually paid it ... review that entry screen again.



To enter, edit or delete estimated taxes paid (Federal, State, Local) -

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Deductions and Credits
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Estimates and Other Taxes Paid
  • On Estimates, click on the start or update button. Be sure to pick State.

Or enter estimates paid in the Search box located in the upper right of the online program screen. Click on Jump to estimates paid