Hi, while going through TurboTax, it indicated that I have to pay an underpayment penalty. I'm figuring this likely has to do with me selling some stock in late 2024 and paying less than what was required for capital gains tax. In the form, it's leading me to enter the amount from a 2023 Form 2210 line 4 for 2023 tax liability.
I've never received or filled out a 2023 Form 2210 before so I'm not certain to do in this case. I see in the help topic, it states "If you do not have a 2023 Form 2210 or Form 2210-F then you will need to see the instructions for Form 2210 line 8. Remember you can always let the IRS calculate the penalty for you so you don't have to do this."
Does this mean for the field "2023 Tax Liability for 2210 Purposes", should I leave the field blank? And if I do have to fill it out, can you please provide clear instructions on how to figure this out from Form 2210, line 8? On that line, it just says "see instructions" but the instructions on Form 2210 are difficult to follow.
Thanks!
