ErnieS0
Expert Alumni

Get your taxes done using TurboTax

Tax returns with overrides cannot be e-filed because they contain calculations not approved by the IRS. They are also not covered by the TurboTax 100% Accurate Calculation Guarantee.

 

The IRS may charge penalty and interest. The Service is unlikely to waive a penalty if imposed. The IRS will waive the penalty if:

  • In 2019 or 2020, you retired after reaching age 62 or became disabled, and your underpayment was due to reasonable cause (and not willful neglect); or
  • The underpayment was due to a casualty, disaster, or other unusual circumstance, and it would be inequitable to impose the penalty.

2020 Instructions for Form 2210

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