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dniessner
Returning Member

form 2210 update that came out 2/18/22 - estimated tax penalty

I just installed the update for form 2210, and checked the result.  The new 2210 form is not calculating the penalty properly.  

 
It is not using the Q1 value from line 27 of form 2210AI in the Q1 column of line 10 of form 2210.  It is pulling from line 22 of form 2210AI correctly for the other quarters.  
 
It appears to be combining the values for Q1 and Q2 from line 27 of 2210AI, and using the combined value for Q1 in line 10 of form 2210.  I suspect this is a remnant from last year when the first two quarters were combined for the first payment that was due in July of 2020.  It is overstating the amount due in April of 2021.
 
Please send a corrected update asap.
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1 Reply
MichelleLO
Expert Alumni

form 2210 update that came out 2/18/22 - estimated tax penalty

This issue has been resolved. Please make sure to update your software and see if it resolves the calculation issue. If the issue still persists, please comment back. 

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