Our income was very uneven in 2024, and annualizing income on the Maryland return to avoid underpayment penalty has been available in Turbotax in the past, but I don't see it this year. Why not?
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Please follow the instructions below to use the annualization method on your Maryland return:
Since you are using the desktop version, you can switch over to forms mode. The MD 502UP shows income annualization and computation of interest.
You can right click to override or find the data source. It is best to go to the data source for entries.
I have poked around behind the scenes, and I can get the penalty to go away, but in the depths of my brain, I recall not being able to file electronically because I changed something manually. Is that still true? Please explain "best to go to the data source". What constitutes an "override", and is that what prevents (or prevented) filing electronically? I appreciate your help, thanks. Samantha
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