Get your taxes done using TurboTax

lydlen, I can tell you that once I got the correct 2023 tax amount onto the 5805 worksheet in TurboTax, the 5805 itself did not print at all with my return. If this is the case I would not worry about it - the state obviously knows what you paid last year also. (Of course, I don't know if TT submitted something with the electronic filing that we just don't see that's a 5805 equivalent.)

 

If you're using the annualization method, however, I am not sure if the form should print or not, but I would tend to think yes it should. In that case the state does not know your individual circumstances that lead to the situation.

 

If TT is not giving you a 5805 at all to fill in in the program, then presumably it thinks that you have met another exception, such as being within $500 of 90% of your 2024 tax bill. Note on Part II line 4 that if you don't owe the penalty for this reason then do not file 5805.

 

Hopefully someone from TT can jump in here and give a definitive answer to these questions - I'm just answering to the best of my knowledge but can't guarantee that I'm entirely correct.