Turbo Tax Home & Business is adding a Estimated Tax Penalty of $136 on line 38 of form 1040 when line 34 indicates an overpayment of $263. The IRS help guide says a underpayment of estimated tax is avoided if the filed tax return shows owing less than $1,000. I should not have to white out my tax return to make a correction for eliminating the penalty.
It would be nice to know if this issue is fixed by contracting me at [email address removed] or [phone number removed].
Thank you,
Dan
