whitems99
New Member

Is there a way to "turn off" Turbo Tax's calculation of penalties for not paying enough estimated taxes and let the IRS do it?

I had a situation last year where I do believe I should have been penalized for a supposed underpayment of estimated taxes, but TT calculated and included one on my return anyway.  Since the IRS can calculate it without having to include it in the return I'd rather they tell me a penalty is warranted instead of TT including it.