Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Trying to reach support? Call 1-844-333-1909
Trying to reach support? Call 1-844-333-1909
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Intuit Tax Advisor
- :
- Intuit Tax Advisor Discussions
- :
- Tax projection/estimated tax - clear estimate amounts
Tax projection/estimated tax - clear estimate amounts
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
dsurkin
Level 2
09-19-2024
09:21 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Client's 2023 return (MFJ, NY resident) included estimated tax payments for 2024. Client opted to stuff all the estimated tax payments into his December IRS withdrawal, so he didn't make quarterly payments. The estimated tax module in Tax Advisor calculates the tax due as the tax on his income PLUS the amounts from the estimated vouchers. This vastly overstates taxpayer's balance due.
Any suggestions on how to correct this? Thanks.
Labels
