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Last year I liquidated some assets from my brokerage

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account. I'm over 70...
last year I liquidated some assets from my brokerage account. I'm over 70 so I don't have to pay penality but i am required to pay appropriate taxes as the funds are treated as income. I separately paid federal and state taxes by sending checks to US Treasury and New York State for the taxes, using the appropriate federal and state vouchers Both checks cashed.
My question is on what form do I record paying these taxes as I never received any tax documents from federal or state showing that these taxes were paid. Thank you very much
Submitted: 1 year ago.Category: Tax
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2/21/2016
Tax Professional: Robin D., Senior Tax Advisor 4 replied 1 year ago
Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 16,261
Experience: 15years with H & R Block. Divisional leader, Instructor
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Hello

The payments you made were estimated payments. You would show that on page 2 of your 1040 form line 65 and on the it- 201 line 75.

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Tax Professional: Robin D., Senior Tax Advisor 4 replied 1 year ago

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Category: Tax
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