Hi JotikaT2,
Thank you very much for your help.
My question is about how to input the annualized income to avoid the underpayment penalty for 2019 Maryland tax return, not the estimated tax for 2020.
Since my income is not evenly across of the year, I need to type in the income for the periods of 03/31, 05/31, and 08/31. As I remember, last year there was a link of ‘Underpayment Penalty’ in the section of ‘Other Situations’ for Maryland return. With the link I typed in quarterly income amount, and the annualized income calculation allowed me to avoid the underpayment penalty for my 2018 Maryland return. But so far the link of ‘Underpayment Penalty’ is not there for 2019 Maryland tax return.
Would you please continuously help me to resolve the problem? Is the form available now? Where I can find the link for the input?
Your help is greatly appreciated.
Thanks,
