Question

Turbotax business 2023 parses the state estimate tax payments ($800 for CA) of 2022 and 2023 to the 1120S, line 24a

Forum|Forum|2 years ago
March 3, 2024
1 reply
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Doing 2023 tax return for a s-corp, and turbotax parses my state estimated tax payment of 2022 and 2023 in to the federal return(1120s), line 24a, 25.

Since s-corp does not pay tax on the federal level, turbotax considers the parsed payments as an overpayment (line #27).

would be nice to get the money back, but I did not pay, and is not my money.

I tried to report this as a severe bug to turbotax, but can't find how and wehere to report.

Need response as soon as possible.

TurboTax Business Windows

R

RobertB4444

These estimated payments should not be entered on the federal return at all. They are information for the California return and should only be entered there.

@blowfish

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