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Can I cancel annualizing income?
I saw that I had a small fee for Underpayment Penalties, so I accepted TurboTax's offer to try to annualize payments. However, once I realized that doing all the work of annualizing was really complicated, I decided to cancel this and just pay the small fee. However, even after now telling TurboTax that I do not want to attempt to eliminate the penalty, it still requires me to file Form 2210AI, but it has an issue because I did not fill in all the information. Is there any way to reset annualizing taxes back to before I clicked "Yes"?
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‎June 4, 2019
9:38 PM