Tan53
New Member

Turbotax business - 1041 exemption for estimated taxes

The instructions for Form 1041 state that estimated taxes aren't required for "A trust that was treated as owned by the decedent if the trust will receive the residue of the decedent's estate under the will ... for any tax year ending before the date that is 2 years after the decedent's death." I am preparing a return for such a trust for the same year as the decedent's death. Turbotax Business is showing a penalty not having enough withheld in the year of death. I can request a waiver of any penalty on Form 2210, but is there any way to get Turbotax not to show a penalty per the instructions or to provide an explanation for why a waiver is requested on Form 2210?