How do I remove an underpayment penalty due to a recognized natural disaster?

[bradleypub]

I did'nt take out enough withholding this year, but had property damage due to Hurricane Milton. How can I remove the penalty?

[AmyC]

In the underpayment penalty, go through the questions and indicate the disaster. Go to federal, to Other tax situations, select underpayment penalties.

Instructions for Form 2210, Underpayment of Estimated Tax page 2 lists how to apply for the waiver based on your disaster. If you owe more than $1,000, the program will generate the 2210.

See Topic no. 306, Penalty for underpayment of estimated tax