Due to the storms in California, the IRS (and then the State of California), extended until May 15, 2023 the personal income tax payments due in early 2023 from residents of affected California counties. They similarly extended the due date of the 2022 returns until May 15. This means that the estimated payments ordinarily due on January 17 are not due until May 15 (along with any final payment of taxes due).
My specific question relates to the deferred January 17 payments, and how to ensure that the TT forms relating to underpayment of estimated tax for TY 2022 (Federal Form 2210, and California Form 5805) do not calculate an underpayment penalty for failure to make a payment on January 17, 2023. My sense is to do an "override" of the Q4 payment required (substituting $0 for the amount calculated by TT) . When I do this, the program generates the correct numbers for amounts due, penalties, etc.
The (only?) negative of handling this by override is that TurboTax doesn't like overrides (and I'm not sure that TT will let me do a Federal eFile if it detects an override in the file).
Suggestions? Solutions?
