topic CA underpayment penalty in Get your taxes done using TurboTax

CA underpayment penalty

daveoh99 — Wed, 19 Feb 2025 23:44:48 GMT

TurboTax has calculated that I owe a CA underpayment payment. The amount is shown on Form 5805 Line 13 but the amount is not transferred to CA 540 Line 113 and the "FTB 5805 attached" box is not checked. Do I need to enter the amount manually using "Override"?

Re: CA underpayment penalty

MonikaK1 — Sat, 22 Feb 2025 18:29:08 GMT

You should avoid using the "Override" function unless necessary, as it could invalidate your Accurate Calculation Guarantee.

I just tested the situation you described in TurboTax Desktop and, where a Form 5805 was generated, the penalty amount was correctly transferred to CA 540 Line 113 and the "FTB 5805 attached" box was checked.

There were some updates to the program since the 19th. If you haven't already in the meantime, open TurboTax after running the updates and see if this works correctly now.

If you are still having a problem, and would like us to troubleshoot your issue, you can send us a “diagnostic” file that has your “numbers” but not your personal information. If you would like to do this, here are the instructions for TurboTax Desktop users:

From the black bar at the top of your screen, select Online
Click Send Tax File to Agent
Click Send on the message that pops up
TurboTax will create a "sanitized" copy of your return information with no personal info
Post the 7-digit token number here in this thread

Re: CA underpayment penalty

daveoh99 — Sun, 23 Feb 2025 04:18:56 GMT

Thank you for your response.

The program is now working as expected after I installed the latest updates and chose "Remove State Return" in order to have a fresh start with my CA Return.