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CA underpayment penalty not populated and cannot get turbotax to ask

I am trying to get turbotax to calculate what my CA state underpayment penalty may be.  In the federal section, turbotax asked me if I had an exception (no) and then I filled out the info and it calculated my penalty based on uneven income during 2021.  I am trying to get turbotax to do the same for CA state, but it never asks me any questions.  I know that there are exemptions and I do not fall under the exemptions to the penalty, so I would rather calculate it and minimize my penalty.  If I do not, the the state will send me a bill based on the most unfavorable assumptions and it will cost me an additional several hundred dollars.  I know that turbotax has a flaw, because in the past, I have received a bill from my state for underpayment of taxes even though turbotax didnt ask to calculate the penalty.  So how do I force turbotax to calculate the CA state underpayment penalty so I can minimize the impact???????

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2 Replies

CA underpayment penalty not populated and cannot get turbotax to ask

More info.   I must choose the annualized installment method, otherwise I have to pay a penalty.  How do I know this?  Because I did the form 5805 manually.  So I want to get the form 5805 populated with the annualized installment method info so I dont have to pay a penalty.  I did the same with the federal and that was straightforward, but CA state does not populate form 5805.   What is strange is that when I print out my CA return, it doesnt print a 5805, but when I look at my CA forms it shows an empty 5805 that when deleted, regenerates an empty form!

CA underpayment penalty not populated and cannot get turbotax to ask

Even more info.  I kept trying to delete FTB 5805 and it kept bring regenerated.  So I looked in detail in forms.  What it said was under the information smart worksheet was F: If penalty exemption 1 or 2 is met, the exception number will be listed to the right.  So turbotax autofills: "1 - Prior Yr $500/$250".   The exemption 1 states: "The amount of your tax liability (not including lump-sum distributions) less credits (including the withholding credit) but not including estimated tax payments for either 2020 or 2021 was less than $500....

 

I do not qualify for this exemption.  My tax liability for 2021 was $5000 greater than my withholdings.  I made an estimated tax payment of $5000 in jan 2022.  According to the instructions, I do not qualify for the exemption.  1) IS TURBOTAX making an error including the estimated tax payments in the exception calculation???   2) I cannot delete the incorrect information in the worksheet.  How do I do this?

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