dlc3172
New Member

Annualizing self-employment income on PA state return?

I'm self-employed and pay quarterly estimated taxes. My income fluctuates throughout the year. On my federal return, TurboTax Deluxe allows me to annualize my income to avoid an underpayment penalty for estimated payments that were too low based on last year's total income (I think that's why). But TurboTax doesn't mention annualizing for my Pennsylvania state return. Instead, I have to pay the penalty. Does PA not allow annualizing? Or does TurboTax just not support this?