Question

Estimated Tax Worksheet

Forum|Forum|4 years ago
October 27, 2021
1 reply
0 views

Hello...I'm *filling out the '21 estimated tax worksheet and my questions are:

line 1: is the AGI to include my wife's wages (she's not self employed) or just my net profit?

line 4: i will be in the lowest tax bracket, so it's just 10% of line 3, correct?

line 9: am I to include the entire self employment tax or just half that isn't deducted?

*I'm doing this manually, becuase for whatever reason, Turbo Tax didn't do the estimates for me this year (they have every year previously) and I wasn't able to go back once I pressed 'file'. Not sure why this happened, so could let me know if and where I messed up and there is a box to check so that they'll be prepared for '22.

Thanks,

Jason

C

conniem123

You can have TurboTax prepare the estimated tax calculations for you. Since you have filed your return, make sure you download a copy of your 2020 tax return.

Then, click on Tax Home/ scroll down and click on Add A State.

Don't add a state, and be cautious when here in your account with a filed return. Be sure not to change any information that was entered that would change your filed tax return.

On the left, click on Federal/ Other Tax Situations / Other Tax Forms / Form W-4 and Estimated Taxes.

You can then adjust the expected 2021 data for the 2021 estimated tax forms, Form 1040- ES.

I hope you find this helpful!

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"