Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Apr 18, 2020 11:53:22 AM

Multiple underpayment penalty errors

I am getting an underpayment penalty even though I paid 99% of my taxes due in my quarterly estimates. TurboTax is filling in form 2210 incorrectly.

 

Last year it checked the part II box A correctly and added 80% Waiver.

 

There seems to be an error in Turbo Tax. Can we please fix this as I am not the only one with this issue.

 

Also Turbo Tax is still saying the filing date 15 April 2020 in the Under Payment Section when it asks you the Date of Payment.

Lastly Form 2210 has not been updated to reflect the new filing date of 15 July 2020

1 1 338
1 Replies
Level 2
Jun 27, 2020 5:19:23 PM

It is June 27th and form 2210 is still not updated!

 

90% waiver, which should be a simple calculation, is no longer automatic and requires a separate statement.

 

WHEN WILL TURBOTAX FIX THESE ISSUES?