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

Forum|Forum|1 year ago
April 26, 2025
1 reply
13 views

- 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!

puravidaptoAuthor

Level 7

Whenever a constructive idea is proposed, it is not uncommon for certain self-assured individuals to dismiss it outright, deeming it either superfluous or unfeasible. Some even pride themselves on their ability to manage complex tasks manually — such as preparing tax returns with nothing more than a pencil and paper — as if such austerity were a badge of intellectual merit. Yet this form of intellectual rigidity does little to advance meaningful progress; on the contrary, it impedes innovation and discourages the open exchange of ideas. To such individuals, I would simply suggest: allow others the freedom to explore possibilities without reflexive skepticism. Let not one rigid perspective curtail the potential of broader collaboration — for, as the saying goes, it only takes one spoiled element to sour the entire pot.

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IRonMaN

Level 15

George is a master chef. If the pot is sour, it's only because he is making his fabulous sweet and sour chicken and hasn't added the sweetness yet.

As a side note, just because someone thinks they have come up with the greatest idea since sliced bread, doesn't mean other folks have to fall on their knees and worship that idea. Besides, it really doesn't matter what any other user here thinks of an idea, it's Intuit that you have to convince. For those of us that started preparing returns with paper and a pencil, we know what a challenge it is to do that convincing.

Slava Ukraini!

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