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Form 2210 - TurboTax calculates a penalty for CA resident even though IRS approved 2023 delayed estimated tax payment date of Oct 16, 2023 was met.
CA residents of many counties were allowed to delay paying their estimated taxes for 2023 Quarters 1-3 until October 16, 2023. An estimated tax payment for Q1 - Q3 was made by that date. However, on Form 2210 (and consequently Form 1040), TurboTax is calculating an underpayment penalty. How should the estimated tax payment be entered in TurboTax to eliminate the underpayment penalty as the authorized IRS delayed payment date was complied with.
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‎February 9, 2024
4:44 PM