The wrong AGI is shown to me for "All 4 Quarters (01/01/20 to 12/31/20)" when I go through the estimated tax penalty questionnaire for California. Should I proceed?

The amount shown to me is supposed to be Federal AGI (it says "Your total federal adjusted gross income (AGI) is shown below.") But the amount it is showing is the California AGI (over $4k higher than Federal). I can see in the generated tax return PDF that the amount being shown for this prompt is the same number (California AGI). This seems to be a bug in the user interface or the calculator. Can I proceed?

1140

Returning Member

Apr 15, 2021 10:29:42 PM

I just checked and this bug still exists. I found out a bit more about how the user interface is wrong. It should be asking for State AGI (for those three fillable fields).

On my California tax return, form FTB 5805 Part III, I see those federal values are replicated. Even though the form clearly says "Enter your California adjusted gross income (AGI) for each period."

Screenshot attached. $103,521 is my California AGI ($4,057 higher than my Federal AGI). So 1(d) is correct. But the federal values are in 1(a), 1(b), and 1(c) - yet they're supposed to be state values per the FTB 5805 instructions.

Expert Alumni

Apr 16, 2021 12:56:14 PM

Click this link for info on California Estimated Taxes that may help you.

Returning Member

Apr 16, 2021 1:59:36 PM

It does not help. I'm telling you, there is a bug (defect) with the TurboTax software. Please read the comment I made earlier and review the screenshot. Federal AGI is not supposed to be plugged in to FTB Form 5805 per the Franchise Tax Board's instructions.

Level 2

Oct 16, 2022 12:15:29 AM

I'm using: Desktop version of Deluxe on a Mac for Tax Year 2021

sbosshardt@proto ,

I agree with you that TurboTax is incorrectly putting Federal AGI values in the CA Form 5805, Part III table rather than CA AGI values. As you noted, the instructions by Line 1 of the table specifically say, "Enter your California adjusted gross income (AGI) for each period". It does not say to enter Federal AGI values.

In my return, TT put Federal AGI in columns (a), (b) and (c) of Part III, the Annualized Income Installation Method Schedule, but has my correct CA AGI in column (d). For me, my CA AGI values are smaller than my Federal AGI values because part of my income is Social Security and CA does not tax SS. Your situation is reversed with your CA AGI being larger than Federal AGI.

Apparently TurboTax did not act on your information because I saw this problem on my 2020 tax return and now again on my 2021 tax return.

With the desktop version I can go to Forms and edit the values on Line 1 of the Form 5805 Part III table so that the CA AGIs will be accurate, but we should not have to catch TT's errors and fix them. With my particular numbers it has not caused me to pay a penalty, however TT should correctly put the CA AGI numbers in the CA Form 5805, or ask us for the CA AGI numbers in the interview.

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The wrong AGI is shown to me for "All 4 Quarters (01/01/20 to 12/31/20)" when I go through the estimated tax penalty questionnaire for California. Should I proceed?