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Estimated payment made on 12/31 not counted as current year deduction by default

puravidapto
Level 7

- You make quarterly estimated payments and elect to make the last payment paid on 12/31 (no other choice).
- Next year you treat the estimated payments as paid under payment screen.
- The software still allocate only the first three quarters payment in itemized deduction as if the last payment were paid in January 15 next year.

Does anybody experience this? If so, what is your solution? I would rather not yo manually put in the date and it leads to errors if there are too many manual steps and it is easy if you forget to check.

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George4Tacks
Level 15

Where there is a choice to be made, the preparer is responsible for making that choice, not the software. Methinks you protest too much. 


Answers are easy. Questions are hard!