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calculations for estimated tax penalty
HI,
I am doing my 2023 taxes and am due a refund. Turbotax is still showing that I owe a $20 penalty. It maybe because I made a large estimated tax payment in dec 2023 (~ 14% of my final tax). My issue is I am unable to find any form or worksheet that shows me the calculation that turbo tax has made to arrive at this penalty number (I printed the "tax return, all calculations worksheets" option). Some sections of the return suggest that it is calculated in a form2210.. but I am unable to find that form. Can you help me find that form in my returns?
‎February 25, 2024
7:28 AM