Oregon Form 10 Tax Pymt Worksheet

[Tom48]

For computing underpayment penalty Oregon says "Withholding is treated as if it were paid
in equal amounts on the due date for each required installment payment unless you can show that it was paid differently. "

I can show that it was paid once, early in the year. How can I get TurboTax to generate the OR Tax Payment Worksheet showing the unequal payment of Withholding?

[JohnW152]

Since you're referring to Form OR-10, it sounds like you're referring to state estimated tax payments, as opposed to withholding.  To enter your state estimated tax payment on a specific date in TurboTax Online:

1. If you don’t see 2022 TAXES in the left pane, select the dropdown to the right of Deductions & Credits on the Hi, let’s keep working on your taxes! page and then select Let’s get started, Pick up where you left off, or Review/Edit. 
   • Otherwise, in the left pane, select Federal, then Deductions & Credits
2. Scroll down and select the dropdown to the right of Estimates and Other Taxes Paid
3. Select  Start or Revisit to the right of Estimated Tax Payments
4. Select  Start to the right of State estimated taxes for 2022
5. Select  Yes on the Did you pay state estimated taxes for 2022? screen
6. On the  How much did you pay in state estimated taxes? page, you can enter the amount paid.  Note that you can change the date paid from what's populated on the page.      Once done, select Continue

This should change (or possibly eliminate) your underpayment interest.

[Tom48]

Thanks for your response. I actually do mean "Withholding", not Estimated Tax Payments.

For the Annualized Method Tax Payment Work Sheet, TurboTax is automatically dividing the Withholding into four equal payments, one per quarter. While that is the common way to deal with withholding, OR instructions for Form 10 allow Withholding to be entered in the work sheet when paid.  The first post quoted that line from the Form 10 Instructions.  

I can't find any way to tell TurboTax (I'm using the downloaded version) that the Withholding should be entered when paid, and it won't allow me to adjust the numbers in Forms mode. 

Is there any solution to this?

Thanks.

[ErnieS0 · Accepted solution]

You will need TurboTax CD/Download to annualize withholding. 

If you are using TurboTax Online, first switch to CD/Download: How do I switch from TurboTax Online to TurboTax CD/Download?

In TurboTax CD/Download:

1. Tap Forms in the top right corner
2. In the left column, Forms in My Return, tap Undrpymt Stmt to open the Underpayment Statement.
3. On the Underpayment Statement, you will see Withholding amounts for the four periods. Highlight the first box and either right-click and select Override or tap Ctrl+D on your keyboard.
4. Ener the actual amount paid for the period
5. Repeat the process for the other three periods
6. Tap Step-by-Step where Forms used to be to return to the interview mode

Overriding entries will make your Oregon return ineligible for electronic filing. You'll need to mail in your return. You can still e-file federal.

An override will also void the 100% Accurate Calculation Guarantee.

[Tom48]

Thanks!