Subject: 2021 Desktop Turbotax Deluxe - Quarterly Estimated Tax Computations Incorrectly Cause a Penalty
I paid my estimated quarterly payments in April, June, September (2021) and entered the payments on the "Tax Payments Worksheet". On the "Underpayment Penalty Worksheet" the first installment is July 15, 2021 which covers the time period of my first two payments. Turbotax correctly allocates a small portion of my second payment to the July installment. However, even though the June date is correctly shown on the worksheet it is also noted as "54 days late" which results in a penalty. The payment is actually 5 weeks early.
