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On ProConnect if the client pays estimated tax payments, per quarter, where would that get inserted?

tanco7
Level 1

I have a client that pays an amount ever quarter for his business, but I am not sure with ProConnect where it should go in the Schedule C? Any help would be appreciated. 

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3 Comments 3
sjrcpa
Level 15

Estimated tax payments do not go on the Schedule C.

The more I know, the more I don't know.
George4Tacks
Level 15

It goes in the Payments section >2021 Estimates. 


Answers are easy. Questions are hard!
qbteachmt
Level 15

Quarterly Estimates are not like Payroll tax payments. They are against that person's entire 1040. If they have a working spouse, that person could increase their W2 withholding so that the spouse with the Sched C wouldn't even have to pay quarterly estimates. Or, the business just doesn't contribute much to the entire 1040. That's why it's not a business Payment. It was part of 1040 payments all along.

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