corymyers
Returning Member

Get your taxes done using TurboTax

This does not work.  I never get to Underpayment Penalty.  I poked around at the forms view and think I understand what is happening is I am not being asked about an underpayment penalty because the underpayment amount is below some threshold and there is no underpayment fee.

 

So, I am good for now.  What I did figure out is there does not seem to be any way to tell TurboTax that my state withholding was not done uniformly.  Data sources tells me that Form M-2210 estimated tax paid numbers include, for each period, 25% of the Tax Payments Worksheet Line 14-Total withheld.  That's not the right thing to do if income and withholding is front-loaded in the year.  I can adjust the information about the timing of withholding for Federal taxes but not for the state taxes.  If I override the numbers in the form version it will not calculate automatically.