Multiple underpayment penalty errors

creed380 — Sat, 18 Apr 2020 19:03:36 GMT

I am getting an underpayment penalty even though I paid 99% of my taxes due in my quarterly estimates. TurboTax is filling in form 2210 incorrectly.

Last year it checked the part II box A correctly and added 80% Waiver.

There seems to be an error in Turbo Tax. Can we please fix this as I am not the only one with this issue.

Also Turbo Tax is still saying the filing date 15 April 2020 in the Under Payment Section when it asks you the Date of Payment.

Lastly Form 2210 has not been updated to reflect the new filing date of 15 July 2020

Re: Multiple underpayment penalty errors

t_taxslave — Sun, 28 Jun 2020 00:19:23 GMT

It is June 27th and form 2210 is still not updated!

90% waiver, which should be a simple calculation, is no longer automatic and requires a separate statement.

WHEN WILL TURBOTAX FIX THESE ISSUES?