Form 2210 TY 2021 error

I also see numerous errors on TY2021 Form 2210.  The errors are in Part III Section A lines 10-19. 

On Line 10, it is not transferring the correct values from Schedule AI line 27.

On Line 11, it is not transferring the correct values for estimated tax paid and tax withheld.

Once those two are wrong, that leads to Lines 17 and 18 (underpayment, overpayment) being incorrect.

Once those are wrong, Line 19 (Penalty) becomes incorrect.

In my case, I should not be paying a penalty, but TurboTax is showing a penalty.

I am using Turbotax Home and Business Desktop for MacOS

Also see several errors on 2210 on TT Premier. Just got off the phone with support with no resolution. The agent was unaware of any issues with the form. Line 10, col (a) of part III is not carrying the proper value from Sched AI, line 27. 
Sched AI line 7 should include 1040, 12a and 12 b but only carries 12a.
This form is a mess and is keeping me from filing. Intuit needs to fix this asap. 

Please see this Help Article for further assistance.  You will also be able to sign up for updates as well.  

Unfortunately, the response form HeatherPLO is  not helpful. The link to signup for notices just puts me into a sign-in loop. Form 2210 has many errors. For example, line 10 of Part III, Section A is combining the values from Sched AI, line 27, columns (a) and (b), which is incorrect. That was the logic for the 2020 version of Form 2210 but was changed by the IRS for 2021. Perhaps this form was released prematurely. I would ask that Intuit review this entire form and correct it asap.

I am using the Annualized Income section of the Form 2210. and it is not calculating the line 14 tax correctly. Looks like tis form was released without proper review.

I'm seeing this bug also.  Here are two screen shots from the Form 2210 produced by TurboTax Deluxe.   You can clearly see that the first value from line 27 in Schedule AI is not copied correctly to Form 2210 line 10.

My solution is to override the incorrect value in line 10 so that I can avoid the underpayment penalty that TurboTax had incorrectly added.

An update.  Looks like TurboTax won't let me efile with an overridden field.   ☹️

So now I have to wait for TurboTax to admit there is a bug and provide a fix.

(or file by paper instead).

p.s. anyone know how to submit an official bug report?

Re how to report a bug, I spoke with an agent last night about this. Couldn't get the agent to tell me a way to report a software issue. The agent suggested paying the extra fee to get a tax rep to help.

Soccerdavid's screenshot clearly shows one of the problems. The entry in line 10, col (a) is the sum of columns (a) and (b) from SchedAI, line27. Again this is TY2020 logic so it looks like that was never updated for the redesigned TY2021 form. There are numerous other issues with this form. 

Hopefully, Intuit will get this fixed soon (how about with Form 2210F release, if they're listening).

Just so you're aware, this isn't really helpful.  There's no article, it's marked solved, it's from last year, and it was seemingly a different problem from this one, albeit on the same form.

This was in response to Heather's post.

You are correct regarding the error. Many unsuspecting customers will fill the form and overpay IRS. It will always result in paying too much and there is no way the IRS will catch this and issue a refund. And even if it gets fixed, those who filed already will never realize they overpaid. This is so frustrating. Paying customers spending countless hours trying to get Intuit to correct the software and sometimes being asked to pony up more money for a resolution. This should be a class action lawsuit. We would only get pennies, but it would send a message. 

The turbotax error is that Line10 column (a) of form 2210 is supposed to equal line 27 column (a) of Section AI when using the annualized income installment method. Instead Line 10 column (a) is line 27 column (a) + line 27 column (b).

One would think TurboTax would be highly motivated to fix this error because it can very substantially increase underpayment tax penalties.

DO NOT USE FORM 2210. I have so far found 4 errors in the TurboTax calculation:

1. When using the annualized installment method, line 10 column (a) in part 3 of form 2210 is supposed to be equal to schedule AI line 27 column (a). Instead, it is equal to line 27 column (a) + line 27 column (b).

1. The tax computations on schedule AI, line 14 column (a), (b), and (c) are incorrect.

1. Self-employment tax on line 15 of schedule AI is incorrectly also included in line 16, resulting in a double-counting of self-employment tax and a line 17 column (d) total tax that incorrectly exceeds the total tax shown on form 1040 line 24.

4. 2020 refunds applied to 2021 are supposed to count as a tax payment starting in the first quarter of 2021. Instead, 2020 refunds applied to 2021 are incorrectly ignored on form 2021.

An update: DO NOT USE FORM 2210. I have so far found 5 errors in the TurboTax calculation:

1. When using the annualized installment method, line 10 column (a) in part 3 of form 2210 is supposed to be equal to schedule AI line 27 column (a). Instead, it is equal to line 27 column (a) + line 27 column (b).

2. The tax computations on schedule AI, line 14 column (a), (b), and (c) are incorrect.

3. Self-employment tax on line 15 of schedule AI is incorrectly also included in line 16, resulting in a double-counting of self-employment tax and a line 17 column (d) total tax that incorrectly exceeds the total tax shown on form 1040 line 24.

4. 2020 refunds applied to 2021 are supposed to count as a tax payment starting in the first quarter of 2021. Instead, 2020 refunds applied to 2021 are incorrectly ignored on form 2021.

5. Line 7 schedule AI incorrectly excludes amounts on line 12(b) of form 1040.

The real problem here is that no one from Intuit is listening.

We are all just doing their software verification for them and then reporting the results to ourselves.

Form 2210 is loaded with errors with no ability to report them or get a resolution date. I can't help but wonder how many other forms are screwed up.

I typically take the time to verify my results but  I didn't pay Intuit so that I would have to do a deep dive into all their software to make sure it works.

Here's a tip, DON'T USE TURBOTAX and encourage others to do the same.

I called TurboTax customer support, waited in queue, talked to an agent, shared my screen and showed the error on 2210 line 10 (doesn't match line 27 on for AI), and was assured that the team would investigate.  This morning I got this email:  

"

Thanks for letting us know about your issue with TurboTax. We apologize for any inconvenience this

caused. 

We appreciate your patience while we looked into your issue. After completing a full investigation into your concern, it was determined this was not a product defect. Below is a link to the IRS Pub i2210 instructions. The IRS Pub explains the Annualization Income Installment Method:

https://www.irs.gov/instructions/i2210

We apologize for this. However, If you’re still having trouble

or there’s something else we can help you with, feel free to give us a call.  "

hmmmm....

There is another thread on this same issue.

https://ttlc.intuit.com/community/taxes/discussion/2021-form-2210-calculation-error/00/2490720

It says that TurboTax is working on it and gives a link for updates, but the link is broken.

I called last week and again today (got to a tax expert this time but still not tech support). Basically getting the run-around and being told that tech support will investigate if enough people complain about a problem with Form 2210. 

I'm not optimistic.  

This comment refers to the email response that soccerdavid received.  Quoting from the irs article: "Enter the amounts from Schedule AI, Part I, line 27, columns (a) through (d), in the corresponding columns of Form 2210, Part III, line 10.'  As multiple people have noted both on this series of comments and another half a dozen similar comments about Form 2210 errors, this is precisely what Turbotax is not doing (line 10 box (a) is not equal to Sch AI, Part 1 line 27).  Whomever the Intuit idiot(s) were  that investigated the problem and said Turbotax was doing things correctly are incompetent. 

I have called twice myself and the last time i was told that I would be notified by email when this  problem was fixed.  Haven't received such an email yet, so hopefully someone competent is actually still working to correct the Form 2210 errors that we have all reported.

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.

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.

Never received the promised 2/25/22 update to Form 2210 and  it is still not available this morning at 8am EST, so I can't refile the return that IRS rejected because of Turbotax errors.

Form 2210 Line 10a is now correct. I thought Schedule AI Line 14 was wrong, but it is also correct for me. I can finally e-file.