If TurboTax is showing an underpayment penalty on your return, review your answers in the Underpayment Penalty section under Other Tax Situations. Also check the criteria in the Tax Tips article MonikaK1 mentioned (What is Form 2210?) to be sure you qualify. This process is how TurboTax implements the safe harbor provisions of the underpayment penalty. Even if you do qualify, you may find that you need to use the annualized income method to remove or reduce the penalty.
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