If you haven't already, I suggest you return to the California section and complete the Underpayment Penalty interview under Other Situations. Your answers to the questions affect the calculation of the penalty.
Did you also review the Underpayment Statement in the California forms list? It provides a chronological listing by quarter of events or transactions that impact the penalty calculation, including rate changes during the year. If the dollar amounts and dates on the form are correct, the calculations on the statement appear correct.
@user17706713292
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
