Turbo tax has calculated a $26 penalty for my 2025 return, so I am attempting to eliminate it using the 2210ai questionnaire. I am retired at 61, my wife had steady w-2 income and withholding, we had an IRA distro with 12% withheld in August and a December Roth conversion that accounts for 50% of our AGI.
The Annualized AGI screen includes Roth Conversion amounts from 1099-R, but the Actual Withholding by quarters screen total does NOT include the 12% estimated payment I made for that conversion.
I entered the estimated payment in the 4th quarter row using the real date I paid the tax of 1/12/2026. I've also reviewed the Q&A for the 1099-Rs associated with the conversions to ensure that they are indeed Roth conversions with box 7 distribution code '7' and IRA/SEP/SIMPLE checked.
Lastly, our total tax payments (withheld+estimated payments) is greater than 94% of the tax due. Our tax paid last year is significantly higher than what is due this year
Maybe you can point out something I might have missed?
