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Massachusetts: penalty on ample tax payments, but not paid in ample quarterly payments
TT shows a state tax refund due to over-payments in 4th Quarter; great! However, why does TT calculate an underpayment penalty? In Mass form M-2210, why does TT not know enough to either "check -off" or ask taxpayer to manually " check-off" the exception to penalty box that says: "Your estimated payments and withholding equal or exceed your 2023 tax".
This appears to be a failure in the program which I have observed for 2023 also.
March 4, 2025
4:13 PM