Error in Form 2210 Turbotax 2021

[Tax4fp]

Turbo tax 2021 (CD version) has an error in Form 2210 that was just released today (2/17/22).  Form 2210, line 10, box (a) is supposed to transfer the number from Form 2210 AI line 27, box (a), but instead transfers the number from 2210 AI line 27, box (b) .  The effect of this error is to put the tax due for all the income through May 31 into the place that should just include the tax due on the income through March 31 which, when compared against withholding and estimated taxes paid through April 15, shows that an apparent underpayment has occurred.  This would not be the case if the correct information from form 2210 AI line 27, box (a) was transferred to Form 2210 line 10, box (a), rather it would show that an over payment was made .  Running the Federal Tax smart check does not catch the error and it is not possible to correct Form 2210 line 10 manually via forms option.  How do I get Turbotax 2021 Form 2210 corrected so I can file my taxes without paying unnecessary underpayment penalty?  What good is Turbotax's accuracy guarantee if it doesn't cover Turbotax errors like this?

[Tax4fp]

Minor correction to my previous message. 

Turbotax 2021 is incorrectly filling Form 2210 line 10, box (a) from Form 2210AI line 21, box (b) rather than Form 2210AI line 27, box (a).

[gwagner53]

What do you know! I've got EXACTLY the same problem with the online version. I've spent a lot of time on the phone, with no results to show for it.

There's no point filing my return if it incorrectly shows I owe a penalty, so I'm kind of in limbo.

I guess there are always the IRS free fillable forms if you get desperate.

[CarissaM]

This is an issue Turbo Tax is currently working on. 

[gwagner53]

Am I stupid or what? This help system is the most frustrating thing I've come across in a while.

When I click on the hyperlink that says go here ..., I am taken to a page last updated 18 March 2021 "Why is my Form 2210 not calculating lines 18-26 correctly?"

(1) That's not my issue, (2) The post is 11 months old.

However, there is another go here link. When I click on that, I'm taken to a sign-up page asking for my name, email, and phone number. When I click the "Submit" button, I get an error message like this:

This XML file does not appear to have any style information associated with it. The document tree is shown below.
<qdbapi>
<action>API_AddRecord</action>
<errcode>22</errcode>
<errtext>Sign-in required</errtext>
<errdetail>
The page you have requested can be viewed only by users who have signed in. Please sign in to proceed.
</errdetail>
</qdbapi>

By the way, I am signed in.

Does your system have ANYTHING that works the first time?

[HeatherPLO]

@gwagner53

We are aware of the issue and we are currently working towards a resolution. Please use this link to sign up to be notified of the updates. 

The Help Article does not refer to any specific year, but to the actual form in question.

[gwagner53]

How is the sign-up link supposed to work?

It takes me to a Sign up Form page. After I fill in the information, and click the Submit button, I get what looks like an error message. There is no other response or acknowledgement. Has my sign-up been registered?

[bbakercpa]

I posted a similar message on the TT mint board. The errors go even deeper. If you have a federal tax refund from 2020 that you applied to your 2021 taxes on the Tax Payments Worksheet, that amount is not picked up by TT's form as 'taxes paid'. Forms 2210 and 2210AI and Tax Payments Worksheet are not in sync. As you stated, lines 10(a) and 11(a) on the 2201 are in error... in addition to the error referencing line 27 from 2210AI.

[salilm1]

exactly intuit turbotax is the one of the worst environments for tax. Use freetaxusa.com. this web site is FIRST CLASS. If you dont need help, the MATH is FIRST CLASS. TURBO TAX MATH IS TERRIBLE.

[salilm1]

if you used the 2210 and said hey I get a discount for filing my taxes quickly, BUT you end up paying more penalty because they could not get the excel or math (or whatever ) right in 2210 form.   the 2210 form has been around for years turbotax specialist, how difficult is it to get MATH or excel ( or whatever you use) right.

[salilm1]

I would also look at the math in calculating the tax on line 14. 

[Tax4fp]

Latest TT update on 2/24/22 has fixed the error with Form 2210 line 10 box (a).  Line 10 now matches Form 2210AI line 27.  This has eliminated the bogus underpayment that TT previously calculated.  However, the step by step page for entering annualized withholding still shows incorrect date (7/15/2021) in second and third periods:  should be 6/15/2021.

[bbakercpa]

Agreed... but TT did not fix the error on Form 2210 line 11(a) as it does not pick up from the Tax Payments worksheet line 6, Overpayments applied to 2021, in the federal tax column. Therefore the total taxes paid on the Tax Payments worksheet line 21, does not equal the total of line 11 from 2210.

[gwagner53]

I tried salim1's suggestion to try FreeTaxUSA. It worked PERFECTLY for me. I've got a spreadsheet to check Form 2210, and every cell agreed to within rounding error. What's more, after you enter the data for Form 2210, it allows you to see the resulting form right away, so you can check the numbers immediately. I was really pleased.

So long, TurboTax.

[Tax4fp]

Update from 2/24/22 didn't fix all of the problems with Form 2210.  Filed my return after this update eliminated underpayment penalty, but IRS rejected because of additional issues with Form 2210 in those cases that income and withholding are annualized.  TT indicated that an updated version of Form 2210 will be issued on 2/25/22 to correct the additional problems so my return can be accepted.  Crossing my fingers that they finally fix all the issues with this form, but I'm skeptical based on their poor performance to date.