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Get your taxes done using TurboTax
I paid withholding throughout the year for all income, however I converted some IRA to a ROTH in November. I paid the estimated tax, based on the conversion, on Jan 15. I believe that should satisfy the pay as you go requirement. Turbo Tax doesn't seem to agree and has reduced the amount I over-paid by a penalty, although I'm still getting a refund. Is there a way to override the penalty in TurboTax? I would rather the IRS asks me for the penalty, and gives me the option to plead my case.
March 24, 2025
5:00 PM