Help Needed: Entering Quarterly W-2 Withholding on Form 2210 Line D

[Howard T]

Hi all,

I'm using TurboTax to complete my taxes, and I've run into a bit of a snag with Form 2210 Line D. The system is asking me to enter the amount of federal income tax withheld quarterly, but it only provides three boxes for the entire year.

As a W-2 wage employee, I receive my withholding in Box 2 of the W-2 form. I'm wondering if I should just divide the total amount in Box 2 by four and enter that amount for each quarter?

If anyone has experience with this or can offer some guidance, I'd really appreciate it. TurboTax is also indicating that I might owe an underpayment penalty for 2023, which I wasn’t expecting.

Thanks in advance for your help.

See attached screenshot.

[JohnB5677]

No, you do not have to include W-2 Taxes on the estimated tax form.

• If you are reporting estimated taxes that you paid, you do not have to include any tax paid on W-2 wages.  
• These tax withholdings are reported to the IRS already by your employer.

If you do actually write a check, or charge your bank account to pay the IRS, that amount will be posted to the Estimated Tax form. Estimated Taxes: Common Questions

It appears that you are incurring a penalty for not having enough taxes withheld in 2024.

• If all of your tax payments were made through payroll withholding, TurboTax computes the penalty under the assumption that your withholding was spread out evenly throughout the year.
• The only time you would need to change this is if you elected to treat the taxes withheld as paid in uneven amounts, when the tax was actually withheld.
• If you didn't want to do this, and you only had withholding from W-2 wages in 2024, you can delete the Form 2210.
• It's also not likely that TurboTax is telling you that you have an underpayment penalty for 2023, assuming that your return has already been processed.
• But the 2024 program will ask  you about your 2023 income tax to see if you can avoid an underpayment penalty for 2024. 

To delete the 2201 file

On the menu bar in the sidebar on the left.               

1. Select Tax Tools
   1. You may have to minimize tabs for
   2. Federal & State
2. On the drop-down select Tools
3. On the Pop-Up menu select Delete a Form
4. This will give you all of the forms in your return
5. Scroll down to the form you want to delete
6. Select the Form 2201
7. Click on Delete.

@Howard T 

Edited 02/03/2025 10:45 PST