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rebeccaroberge
New Member

Filing in 2 states, because I moved. Its saying I have an underpayment penalty. How is that possible if I reported and paid for 1/2 the year I was here? So confused.

The underpayment penalty is for MT, where I currently live. And, I am sitting at a refund as of now - why would I have a penalty? I have been paying taxes here?!
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Accepted Solutions
DoninGA
Level 15

Filing in 2 states, because I moved. Its saying I have an underpayment penalty. How is that possible if I reported and paid for 1/2 the year I was here? So confused.

There is a known problem in the Montana state program where you are being asked to complete a Form EST-I Part III underpayment penalty.  See this TurboTax support FAQ to sign up to be notified when resolved - https://ttlc.intuit.com/questions/4159365-why-am-i-being-asked-to-complete-montana-form-est-i-part-3

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2 Replies
SweetieJean
Level 15

Filing in 2 states, because I moved. Its saying I have an underpayment penalty. How is that possible if I reported and paid for 1/2 the year I was here? So confused.

Are you filing part year resident returns in both states?
DoninGA
Level 15

Filing in 2 states, because I moved. Its saying I have an underpayment penalty. How is that possible if I reported and paid for 1/2 the year I was here? So confused.

There is a known problem in the Montana state program where you are being asked to complete a Form EST-I Part III underpayment penalty.  See this TurboTax support FAQ to sign up to be notified when resolved - https://ttlc.intuit.com/questions/4159365-why-am-i-being-asked-to-complete-montana-form-est-i-part-3

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