- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Any time your balance due is $1000 or more, Form 2210 is triggered. The purpose of the form is to calculate if you owe a penalty for underpayment of taxes.
Go ahead and check that box to "Let the IRS calculate the penalty". They may not, and you can get your taxes filed.
If the IRS does calculate a penalty, they will send you a letter letting you know how much it is.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 4, 2022
4:15 PM
1,142 Views