Anonymous
Not applicable

Form 2210 Not Incorporating Form 7202 COVID Tax Credit

COVID Tax Credit for Self-Employed (Form 7202) is a refundable tax credit that figures in to the 1040 through Schedule 3--"Other Payments and Refundable Credits".

 

Therefore, it must also be incorporated into "refundable tax credits" on line 3 of form 2210,  or it results in an erroneous penalty.

 

For now, I should override, right?  I'm not a tax attorney or accountant...and don't even play one on TV.

 

I realize that tax form 2210 isn't final yet for 2020.  That's not a helpful excuse when estimated taxes are due in 2 weeks.  This is my best guess...am I wrong?