MaryK4
Expert Alumni

Get your taxes done using TurboTax

You would not owe the underpayment penalty if you paid 100% of the 2023 taxes (or 110% if your AGI was >$75000(single)/$150000(joint)).  The payments would still  have to made throughout the year so W2 withholding usually works for qualifying.  TurboTax automatically calculates this if you used in in the prior year, or you can enter the taxes liability.  

 

You can go to Other Tax Situations under Federal and Review the Underpayment Penalties (it will be under Additional Tax Payments if it is not already on your list) and answer the questions correctly.  If the 2210 is needed, TurboTax will create it so you can file.

 

@ggont 

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