Yes, you can elect to have the IRS figure your penalty.
- Select Other Tax Situations
- Scroll down to Additional Tax Payments
- Click start/edit next to Underpayment Penalties and select that option when presented.
This will override any penalty TurboTax calculated. Check to see if you qualify for Exceptions to the penalty in this section, since your rollover is a one-time event.
Make sure you entered your Partial 401K rollover to Roth IRA correctly in TurboTax and that you reported the Estimated Tax you paid in early 2022.
Yes, some users have reported errors in Form 2210, but the overall tax forms were correct.
If you're using TurboTax Online, try closing the program, clear your Cache and Cookies and re-visit the section.
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