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April 6, 2025
Question

Underpaid taxes for 2023 Federal return where do I enter`

  • April 6, 2025
  • 1 reply
  • 0 views
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    1 reply

    JohnB5677
    April 6, 2025

    Please clarify your question.

    • Are you filling 2023 or 2024?
    • Did you, or do you owe 2023 taxes?
    • Did you pay the 2023 tax due?
    • Are you trying to post the 2023 tax due to the 2024 tax return?

    Please contact us again to provide some additional details. 

     

     

     

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    cibutlerAuthor
    April 7, 2025

    I am doing 2024 taxes but I missed an amount owed on 2023 axes so it, plus a penalty was paid in 2024. I don't think it's deductible but I want to be sure.

    AmyC
    Employee
    April 7, 2025

    There are a few states that allow a deduction for federal tax paid. If yours is one of them, you will want to enter the tax paid. Follow these steps:

    1. Open to federal deductions and credits
    2. Locate estimates and other taxes paid. 
    3. Edit/start
    4. Locate payment with 2024 federal extension
    5. Start
    6. Enter federal tax paid- penalties are not included.
    7. Done
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