Error in Form 2210 Turbotax 2021

[Linda131]

Im having the same problem and the link to get an email when the form is fixed was no longer working. 

[bbakercpa]

Agreed... there was a new update today and it did not fix the form 2210 error where total estimated payments from the Tax Payments Worksheet is properly carried over to the 2210.

[bbakercpa]

Two updates this week... installed the latest this morning. Neither one fixed the error between the Tax Payment Worksheet and form 2210. Line 20 on the Tax Payment Worksheet includes my refund carryover from 2020 to 2021, however, on form 2210 line 11a does not include the refund credit. Almost two months since first reported and still no fix. My only solution, override line 11a on form 2210.

[Tax4fp]

@bbakercpa 

Have you tried e-filing after overriding 11(a)?  If this works great, but if it results in rejected return, you can undo your 2020 refund as 2021 credit and treat as extra estimated payment for the same amount.  Even though TT doesn't do it this way, the actual IRS instructions for Form 2210 indicate that the IRS treats this prior year refund to current year credit as an extra estimated tax payment in the period when prior year return was filed.  I tested this extra estimated  tax payment tweak and it resulted in a correct value in 11 (a) and since that is what IRS intends to happen, it is a legit alternative to overcome 2021 TT errors in Forms 2210 and 2210AI that TT probably never will fix.

[bbakercpa]

Yes, thank you, I am aware of your handling of the 2020 refund carryover.

After having reported this issue for the last two months and speaking to three of the TT representatives, I give up. Even though this forum is monitored by TT, apparently no one from TT has the decency to respond. I agree, they will probably never fix the issue. I have used TT for almost 30 years going back to the Chipsoft days. This year TT fell off the wall...

[Anonymous]

Link to be notified when it is fixed goes to error page.  When is TT going to fix the 2210 problem?

[eeebee2]

Similar problem ....

Does not apply last year's excess tax applied to this year at all in figuring penalty. IRS says to count it as a 4/15 payment, which would put it in column a.

in addition, I made two estimated payments by check in the period between April 15 and June 15. It did not combine them and include them in the 6/15 payment column b.

I have been able to override the entries, but TT considers it an error on my part. Quite the contrary.

Both errors on TTax mess up the penalty section of this form.

[bbakercpa]

Two months since I first reported and spoke to TT representatives about issues with form 2210. They seem unable to fix these issues this year. 

[slcasner]

When I clicked the QuickZoom to the Underpayment Penalty Worksheet at the bottom of Form 2210 in Forms Mode I saw that the amount of 2020 refund applied to 2021 tax liability was applied partially for each of the first, second and third installments, listed as a payment with date 4/15/21.  In each installment table the portion of the applied refund amount that is shown is just what's needed to meet the liability for that installment.  The heading for each installment table shows an underpayment amount the same as on the 2210 Part III line 17 even though there is no underpayment due to the applied refund.  The result for my return shows no penalty.  This worksheet is only a "Keep for your records" form, it's not included with the filed return.

I went ahead and filed with the incorrect numbers on Form 2210, hoping that the IRS does the penalty calculation correctly to assess no penalty.

[mrclemson]

I had to manually add the withheld for each quarter (and there were not evenly divided by the way): you can

1. Search for underpayment of taxes.
2. Select the Jump to link in the search results.
3. The Underpayment Penalties screen will display the penalty amount. Select Continue to review this section and make any needed adjustments.
   • Note: If you see No Underpayment Penalty, you either haven't entered your income and/or estimated tax payments yet, or you aren't subject to an underpayment penalty.

[laurielewis64]

What is TurboTax going to do to fix my form and get me the rest of my money??????

[disciple_dave]

I made an  error in my 2020 MO state tax ,form, indicating a $2000 estimated tax payment from a $1000 2019 MO state tax excess payment rollover to 2020 MO state tax.  This appeared as a $900 overpayment for 2020, which I applied to my 2021 estimated tax.  This turned out to be an underpayment of my 2020 submittal, but now indicated a $900 estimated tax payment for 2021, which is in error (does not exist)

Now I don't know how to correct the 2021 MO state tax form, to remove the $900 within the TurboTax Delux program.