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April 5, 2025
Question

Estimated Federal Taxes

  • April 5, 2025
  • 2 replies
  • 0 views

I paid the fourth quarter of the 2024 federal estimated taxes in January 2025.

In the 2024 taxes filing , can I deduct the Jan 2025 payment? Or I need to report it in the 2025 filing?

 

Thank you!

    2 replies

    April 5, 2025

    The January payment applies to your 2024 return. 

    mcscAuthor
    April 5, 2025

    Thank you!!!

    VolvoGirl
    April 5, 2025

    Yes it goes on your 2024 return.  The 4th quarter payment was due Jan 15, 2025.  Enter them under

    Federal on left or at top (Personal for Home & Business)

    Deductions and Credits

    Then scroll way down to Estimates and Other Taxes Paid

    Estimated - click the Start or Update button