Underpayment penalty waiver

[Irene2805]

You can complete Form 2210 to request a waiver of the underpayment penalty when you file.  Please see this TurboTax Help article for guidance in adding Form 2210 to your return:  How do I add Form 2210? - TurboTax

According to the IRS Instructions for Form 2210:

If you have an underpayment, all or part of the penalty for that underpayment will be waived if the IRS determines that:

• In 2019 or 2020, you retired after reaching age 62 or became disabled, and your underpayment was due to reasonable cause (and not willful neglect); or

• The underpayment was due to a casualty, disaster, or other unusual circumstance, and it would be inequitable to impose the penalty. For federally declared disaster areas, see Federally declared disaster, later.