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March 20, 2023
Question

Estimates and other Taxes paidWhere did the other income Taxes figures come from? It says for 2021 $20,154 and 2022 $20724

  • March 20, 2023
  • 1 reply
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I don't estimate my taxes ever or pay up front tax money for future tax years, so were did the figures in other income tax come from? Is this a error in the desktop program?

1 reply

March 20, 2023

It is not an error in the desktop program. Estimates and other taxes paid include:

 

  1. Estimated taxes paid
  2. Income taxes paid
  3. Sales tax paid
  4. Foreign taxes paid
  5. Credit for AMT paid in prior year
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February 8, 2024

When I sum the 5 items listed as making up the "Other Income Taxes" they only account for 75% of the amount shown.  Is there something else included? 

February 8, 2024

Refundable credits including the Earned Income Credit, Additional Child Tax Credit, American Opportunity Credit, Net Premium Tax Credit (Healthcare.gov), Excess Social Security, credit for amounts taxed in prior years.

 

@Ldubs 

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