TurboTax will create Form AZ 221 if you choose the Annualized Income option in the Arizona section.
Near the end of Arizona, TurboTax will ask whether you want to Donate to a Fund.
- You will next see Underpayment of Estimated Tax.
- Continue through this section until you come to Annualized Income.
- Say YES to Do you want to annualize your 2020 income? and fill in all the information of annualize your penalty to add AZ 221 to your return.
