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Level 2
March 21, 2021
Question

Form 2210

  • March 21, 2021
  • 1 reply
  • 10 views

As is evident from several outstanding inquiries, TurboTax is not showing Form 2210 (tax penalty due to underpayment).  When is TurboTax going to finally correct this problem?

    1 reply

    Mike9241
    Level 15
    Level 15
    March 21, 2021

    form 2210 is not always required even when there is a penalty.

    You may owe a penalty. Does any box in Part II apply?
    if no
    Don’t file Form 2210. You aren’t required to figure your penalty because the IRS will figure it and send you a bill for any unpaid amount. If you want to figure it, you may use Part III or Part IV as a worksheet and enter your penalty amount on your tax return, but don’t file Form 2210.

    Mike9241
    Level 2
    March 24, 2021

    Thanks for the clear response.