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Get your taxes done using TurboTax
TurboTax Live is for online products. I have the desktop version. But it sounds like a great feature and I would use it if it were available for desktop version. I think there is something wrong in TurboTax calculations in this sense - for Rev 630 Exception 2. If I enter the distribution of quarterly income (A), TurboTax does not calculate the tax on that distribution (B), or 90% of B (line 13). Once I enter line B and 13 in the form, the penalty is dramatically reduced. I've looked at the instructions for that form and I think I am right. And if you could get this message to the powers that be, it would be appreciated.
Ref: Case [social security number removed]
March 30, 2020
2:56 PM