rjsl
Level 2

Get your taxes done using TurboTax

Check the math on IRS Form 2210 Line 16.  The calculation doesn't result in an accurate penalty reduction.  It creates a penalty reduction credit of nearly double the amount which results when a manual calculation is used.  I filed today after TT updated this form.  Looks like may have underpaid the penalty .  I shouldn't have been so eager to file and I shouldn't have to verify that TT's math is correct.