The comments in this thread have been very thoughtful and well researched. In fact, the comments have given me pause and essentially forced me to ask: What are we paying for? I buy Turbotax (TT) Premier every year for one reason. That reason is: Confidence. When I say “confidence” I mean confidence that the calculations (coding) are accurate and reflect IRS policy. In plain English, I don’t want to review an IRS publication myself, I’m paying TT to do that for me. In terms of 2021, TT tells me I have an Estimated Tax Penalty of $10 and I don’t need to file a 2210. That tells me that based on our overpayment of 2020 (applied to our 2021 return) plus the estimated payment we made in 2021 we got it close. Last week I generated an “alternate” tax file just to see how the AI in form 2210 was working and it’s not. What’s scary is I’m getting a little used to this…I’m also a Quicken user that’s gone through significant misery the last three months due to my financial institution changing the way it interfaces with Quicken. Sorry, this is the TT (and not the Quicken) Community. Please share your thoughts as I benefit greatly from the insight of my fellow TT users.
