I make uneven (per quarter) estimated tax payments due to Roth conversions and want to avoid penalties. I use Desktop Premier edition. I dont see how to generate this form? This year I made est payment in 4th quarter but did not get a penalty and no form 2210 shown on my return? I did pay over 110% of last years tax, does that mean their is no penalty for underpayment in a quarter? Just trying to plan for next year to ensure I dont get a penalty and know how to do the form if needed. I will be doing these Roth conversions alot the next few years in the 4th quarter and wont be able to predict their amounts. Thanks for any help.
Yes, if you made the quarterly payments and entered the annualized income, you will not have to pay the penalty.
You may avoid the Underpayment of Estimated Tax by Individuals Penalty if:
Note that the 100%/110% still has to be quarterly if you are making the estimated payments. Otherwise, as in your case, you have to enter when you received the income to avoid the penalty.