- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
CA form 5806
A Turbotax Business update has added CA form 5806 (Underpayment of Estimated Tax by Corporations). The form includes calculation by quarter of whether estimated tax was underpaid. The form (in Part II) clearly states that the form does not need to be filed if there was no underpayment. I have no underpayment, but TT flags an error and says I need to fill in additional details later in the form (Part IV). These details are not needed since the form does not need to be filed, according to both the TT form and the CA FTB instructions.
How can I get the TT program to stop flagging this as an error?
3/19/2020: I note that the solution from @MikeSoCal949 only works for those that want FTB to calculate their underpayment. Users still needing to use the program to do the calculation are unable to use this solution.