Calculate 2022 Estimate tax

[helenyin]

Hi there,

I do I do estimate tax calculation by providing estimated income? I haven't figured out a place of entering those estimated income and deductions.

Thank you in advance.

Helen

[dkh]

Does Basic have Tax Planner ?      Ctrl+F   type PL  in the Find box

[Just-Lisa-Now- · Accepted solution]

the 1040ES worksheet has a place down down down the form to accommodate estimated changes for the next year.

[helenyin]

Thanks. Not sure whether estimated income and deduction entered here will be carried to the State estimates.

[Just-Lisa-Now-]

Im not sure either, you may have to reenter it on the state ES worksheet.

[helenyin]

Thank you.

[helenyin]

I used the worksheet to calculate the Federal estimated tax. However, I don't get it how the income tax was calculated. I just felt the estimated amount is too high. Is there a way to figure out how it is calculated?