For question 1:
My "required annual payment" (smaller of line 2 or line 5) is less than the estimated payment I made. (line 10) So I should not need to pay penalty according to form 5805. I still think TT's calculation is incorrect.
Anyway, TT gives me the option of letting Franchise Tax Board calculate this and send me a bill (if there is one). I elected to do this and see what FTB will do.
Thanks,
PC
