Hi all,
I'm using TurboTax to complete my taxes, and I've run into a bit of a snag with Form 2210 Line D. The system is asking me to enter the amount of federal income tax withheld quarterly, but it only provides three boxes for the entire year.
As a W-2 wage employee, I receive my withholding in Box 2 of the W-2 form. I'm wondering if I should just divide the total amount in Box 2 by four and enter that amount for each quarter?
If anyone has experience with this or can offer some guidance, I'd really appreciate it. TurboTax is also indicating that I might owe an underpayment penalty for 2023, which I wasn’t expecting.
Thanks in advance for your help.
See attached screenshot.
