vitor-ms
New Member

Get your taxes done using TurboTax

TurboTax is saying I have a penalty (value is positive in 1040).

When I manually use the Form 2210 to calculate the value myself, following the form instructions I get it to zero, meaning I don't have a penalty. Reason I get zero is when I get to the part of adding my paid tax with my estimated payments before Jan 15. That value is over 90% of my due taxes. Therefore, no penalty.

 

I think TurboTax is doing something wrong and not considering that. I'd like either for TurboTax to fix this or for a way for me to override as I believe I'm right (well, I'm just following Form 2210 instructions).