Thank you for responding.
I’m not willing to provide my file but i still encourage you to have your team look at this issue. It is very straightforward.
The law says that as long as you pay 100% of the amount you owed for the previous year’s taxes (110% if you were over a certain dollar threshold) then you do not owe a penalty. TurboTax handled this properly for the Federal portion of my return but not for the state of California.
.Specifically the California Form 5808, Part II, Line 5 number should be calculated to be either 100% or 110% of last year’s amount owed. TurboTax seems to properly reference the correct data shown to me on Line 2 of the “California Carryover Worksheet for 2025”. By “properly reference” I mean that if I double click on Line 5 of Form 5808 it takes me to Line 2 of the worksheet. And the worksheet correctly shows my 2024 California tax. But somehow the TurboTax calculated amount on Line 5 of form 5808 is wildly off.
I hope TurboTax is able to correct this error and save its users a lot of, money, trouble, and goodwill.
