Hello -
I am filing Wisconsin Form 2 (Wisconsin fiduciary income tax for estates or trusts) and will be getting a refund 2025... but TurboTax keeps telling me I need to file Schedule U (Underpayment of Estimated Tax by Individuals, Partnerships, and Fiduciaries). This is obviously erroneous as I actually overpaid (hence the refund).
When I execute the review of my state taxes, Schedule U pops up and the verbiage on the page says:
"You have an underpayment penalty. Your taxable income on Form 2, line 5 is more than $225,000, or you have nondistributable capital gains on Schedule WD, line 16."
Neither of these conditions is true. In fact, there is not even a Schedule WD as part of this Form. (Form 2 uses Schedule 2WD.) Additionally, Schedule U does not retain any changes when I go into the form to edit it with information such as last year's tax liability, so it looks to me like it might Schedule U might just be buggy?
One more data point that tells me that may be the issue is that if I go in the view Schedule U in pdf form, I get an error that says "An error exists on this page. Acrobat may not display the page correctly. Please contact the person who created the PDF document to correct the problem." Schedule U is that only page that I get that Acrobat error... so I do believe the issue is with the software.
Can someone please review Schedule U for Wisconsin Form 2 and get this fixed?
Thank you.
