MarilynG1
Expert Alumni

Get your taxes done using TurboTax

The Annualized Income worksheet doesn't get filed with your return, and you are not required to complete it.  It's meant to help you in planning your estimated payment amounts.  You're not required to make estimated payments, and not required to use the vouchers that TurboTax prints out.  You can make estimated payments directly at the IRS Website, or use the vouchers and pay any amount you wish. 

 

The simplest way to annualize your income would be to divide your annual income by four and use that amount on the worksheet, adding any large amounts you expect to receive next year. 

 

You could delete Form 2210 from your return and let the IRS figure any penalty due and bill you.  If you had unexpected income in 2024 that you don't receive regularly, you may not owe a penalty.

 

Here's more detailed info on Form 2210

 

@brad_saggy 

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