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Get your taxes done using TurboTax
2210, Annualized Income, page 3, column a, line 14, the tax calculation is incorrect via the dividends and gains tax worksheet which is required in my case. It picks up the 15% of gains and dividends and uses that as the total tax. It does not account for the remaining tax due from line 3 less the 15% D&G tax accounted for. That is in the taxpayers favor for any penalty that may be due but coud trigger an audit. Line 14 colums b anc appear to be correct but the miscalutation in column a effects the amounts shown on line 10, page 2. I love the Turbotax advertisement, "Taxes Done Correctly". If you over ride to the correct amount, Turbotax shows that as an form error and with a form error it will not let me e-file.
‎February 25, 2022
5:35 AM