3295729
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How can I have the IRS estimate my underpayment penalty and bill me later instead of TurboTax?

In prior years, TurboTax used to give the user the option to have the IRS estimates the underpayment penalty and bill me later.

This year (2024 for 2023 taxes), I can't see this option any more. TurboTax insists on calculating this underpayment penalty itself and adding it to the taxes due. 

How can I have the IRS estimate my underpayment penalty instead of TurboTax?

Thanks!

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

How can I have the IRS estimate my underpayment penalty and bill me later instead of TurboTax?

go to the 2210 and check box C to have the iRS figure your penalty and bill you. 

 

How can I have the IRS estimate my underpayment penalty and bill me later instead of TurboTax?

Hi Mike9241,

 

Thanks but I know how it's done on paper form. My question was how to make TurboTax let the IRS figure my penalty and bill me. TurboTax doesn't seem to give me any option of letting the IRS figure it out. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question