Ext + Estimates Auto withdraw

[Strongsilence-CPA]

"The federal estimate payment information will be sent when you e-file the federal return. The estimate payment information isn't included with the filing of the extension."

The guidance doesn't say what to do when setting up auto w/d of the estimates AND filing the extension.

<<<see THIS relevan Lacerte TAX IDEA and VOTE.>>>

federal est payment automatic withdrawal

Submitted by pjschmitz  on ‎09-05-2024 02:02 PM

I was concerned if the payments were going to be withdrawn as they did not show on the efile activity report.  It did get spelled out in the acceptance letter

I was told that information had been passed on to the IRS so it should be ok and would show up on the activity report when it happens

[IRonMaN]

Just bump up the extension payment to cover the first quarter estimate.

[Strongsilence-CPA]

I filed the extension already.  dammit, that would be good for Intuit to list on the Help page.

[Strongsilence-CPA]

The only time to set up the Federal estimates is when the tax return is filed.

[Strongsilence-CPA]

California estimates, in contrast can be set up to be paid any time (using the ES Wizard.)  So, the functions are more restricted for Federal, it seems to me.

[Strongsilence-CPA]

I filed the tax return (it is essentially done, waiting for a dinky K-1) so that estimates can be set up for auto withdrawal.  That seems silly but has to be.