NAPLESROB
New Member

Can I enter the income from a K-1 on form 2210 - Annualized method for the fourth quarter to avoid an underpayment penalty?

Can I enter the income from a K-1  on form 2210 - Annualized method for the fourth quarter to avoid an underpayment penalty since I will receive the K-1 from an SCorp for 2017 in the first few months of the following year(2018) ? I can’t make a 110% estimated payment due to the corporation not distributing tax money until the K-1 is done.