When I go through my New Hampshire Turbo Tax Step-by-Step Questions it states that I do not owe a penalty for the underpayment of estimated taxes. Form DP-2210 Exceptions & Penalty for Underpayment of Estimated Tax only shows two quarterly payments that I made for the 3rd and 4th quarters. I did not make payments in the first two quarters. The Form is two complex for me to figure out and complete manually. The State of NH has no real detail instructions for completing it. There are exceptions to the avoiding a penalty, 90% of the prior year tax, annualizing income, etc.
The next Question states:
“Do you want to include Form DP-2210 with the tax return even though you do not owe a penalty?
The reason why you may want to include this form even though no penalty is due, would be to show the Department of Revenue that no penalty is due after this form has been calculated.”
How do I know that I don't owe a tax penalty or whether I met an exception. The Form is not complete.
