topic Re: Error form 2210 in Get your taxes done using TurboTax

Error form 2210

mhinchmn — Wed, 05 Jun 2019 23:41:12 GMT

I keep getting this error but nothing I do seems to correct it.

F2210-003 - If Form 2210, Part II, Line A checkbox 'WaiverOfEntirePenaltyInd' is checked, then [WaiverExplanationStatement] must be attached to Form 2210.

TTX is already aware of this issue and all I know is that...

Carl — Wed, 05 Jun 2019 23:41:13 GMT

TTX is already aware of this issue and all I know is that they are "working the issue". Hopefully the fix will be out with next Friday's update release, if not sooner.

Re: Error form 2210

kevinandlori — Mon, 21 Feb 2022 17:35:49 GMT

As of Feb 21 I suggest you DO NOT USE TURBOTAX FOR FORM 2210. I have so far found 5 errors in the TurboTax calculation:

1. When using the annualized installment method, line 10 column (a) in part 3 of form 2210 is supposed to be equal to schedule AI line 27 column (a). Instead, it is equal to line 27 column (a) + line 27 column (b).

2. The tax computations on schedule AI, line 14 column (a), (b), and (c) are incorrect.

3. Self-employment tax on line 15 of schedule AI is incorrectly also included in line 16, resulting in a double-counting of self-employment tax and a line 17 column (d) total tax that incorrectly exceeds the total tax shown on form 1040 line 24.

4. 2020 refunds applied to 2021 are supposed to count as a tax payment starting in the first quarter of 2021. Instead, 2020 refunds applied to 2021 are incorrectly ignored on form 2021.

5. Line 7 schedule AI incorrectly excludes amounts on line 12(b) of form 1040.