- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
CA underpayment penalty not populated and cannot get turbotax to ask
I am trying to get turbotax to calculate what my CA state underpayment penalty may be. In the federal section, turbotax asked me if I had an exception (no) and then I filled out the info and it calculated my penalty based on uneven income during 2021. I am trying to get turbotax to do the same for CA state, but it never asks me any questions. I know that there are exemptions and I do not fall under the exemptions to the penalty, so I would rather calculate it and minimize my penalty. If I do not, the the state will send me a bill based on the most unfavorable assumptions and it will cost me an additional several hundred dollars. I know that turbotax has a flaw, because in the past, I have received a bill from my state for underpayment of taxes even though turbotax didnt ask to calculate the penalty. So how do I force turbotax to calculate the CA state underpayment penalty so I can minimize the impact???????