My NJ state return had an underpayment penalty that was added based on NJ form 2210. When I opened the form, I noticed that the program did not have accurate numbers from my 2021 NJ return in line 4b and line 15 (NJ tax total in 2021). Can I manually edit those numbers in the form using my 2021 filed return? If I do that, the new calculations show no underpayment penalty, but I wanted to make sure first before I manually change it. I was not sure where the original numbers came from that the program was using.
I also read the following on the NJ Treasury website about underpayment amounts for those making over $150,000 (https://www.state.nj.us/treasury/taxation/esti.shtml). Does this information impact how I should adjust form 2210 or any potential penalty calculations?
Thanks!
