Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
ltalbanyad
New Member

I owe an underpayment penalty. I chose do not annualize income, but TT in final review asks for many fields in Form 2210 Sch AI. Must I calc quaterly income? Can I avoid?

 
1 Reply
DoninGA
Level 15

I owe an underpayment penalty. I chose do not annualize income, but TT in final review asks for many fields in Form 2210 Sch AI. Must I calc quaterly income? Can I avoid?

Delete the Form 2210 and let the IRS calculate the penalty (if there is even any).  Click on Tax Tools on the left side of the screen.  Click on Tools.  Click on Delete a form

Dynamic AdsDynamic Ads
Privacy Settings
v