In my opinion your estimated tax preparation section for 2020 does not give a correct result. If you apply lets say $400 to 2020 from 2019 with a 2019 tax of $2,000, the first quarter estimate should be $100 and for each of the last three quarters it should be $500. Your program takes the $1600 and divides by 4 saying $400 should be paid each quarter.
In my opinion your estimated tax preparation section for 2020 does not give a correct result. If you apply lets say $400 to 2020 from 2019 with a 2019 tax of $2,000, the first quarter estimate should be $100 and for each of the last three quarters it should be $500. Your program takes the $1600 and divides by 4 saying $400 should be paid each quarter.
I’ve been using tax cut for many years and overall a good experience. As time goes on I find myself wanting more explanations when it comes to IRA treatments, UTMA, treatments, pension treatments, and rental expense treatments.