DianeW777
Expert Alumni

Get your taxes done using TurboTax

Yes. You can always choose the standard method. 

 

When you go through the underpayment penalty section (Form 2210) you should say 'No' to the annualized method.  Then TurboTax will calculate the penalty based on the an average income for all period and you don't have to do anything else. If you income is relatively averaged, then you can be sure the penalty is accurate.

  1. Sign in to TurboTax and open or continue your return.
  2. Search for underpayment of taxes.
  3. Select the Jump to link in the search results.
  4. The Underpayment Penalties screen will display the penalty amount. Select Continue to review this section and make any needed adjustments.
    • Note: If you see No Underpayment Penalty, you either haven't entered your income and/or estimated tax payments yet, or you aren't subject to an underpayment penalty.

(Optional) Keep going, and when you get to the Annualized Income Method screen, answer No 

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