Deductions & credits

@DMarkM1

 

Hi Mark - it does't really matter too much what you put in for Q1 thru Q3 (Q4 is always pre-filled by Turbo with "zero" (which is of course incorrect, should be AGI)). Here's some sample test values which reproduce the issue:

 

For the AGI screen, try 

Q1: 50K; Q2: 75K; Q3: 100K

Once you enter those 3 values, the penalty clears in the upper left corner.

 

The remaining screens have virtually no impact on calculating underpayment but here's some sample values...

 

For the Net Cap Gains screen, try:

LTCG: 100; 100; 100

Qual Div: 1K; 2K; 3K

 

For QBI screen, try:

50; 75; 100

 

For Credits screen, try:

100; 200; 300

 

As soon as "Done with Annualized Method" button is selected, the penalty is re-introduced in upper left. The data in the above screens will now again be zeroed out.