Thank you for the follow up and the customer satisfaction affirmation.
I saw the feedback section but didn’t have my thoughts organized for this topic and was more motivated to receive my refunds on a timely basis. I don’t recall receiving any surveys, so I’ll leave my comments here while this topic is fresh in my mind.
Again, my question was triggered by the presentation of a liability and an underpayment warning with no immediate worksheet support or explanation of the potential liability.
Best as I can tell, TurboTax does not have enough information at that point to calculate any potential Illinois penalty because some degree of annualization is required (e.g Withholding).
Without knowing the TurboTax presentation and explanation standards, I think the confusion can be mitigated by considering these elements:
- Modify the underlying worksheet to show the potential liability.
- Reference IL-2210 and indicate the liability is the line 5 result in the accompanying explanatory text.
- Perhaps further note the result does not include the entered Estimated Tax Payments.
- Perhaps further indicate a resulting amount over $1,000 requires Installments and a quarterly allocation of other tax payments (e.g. Withholding) to determine any potential underpayment penalty.
