You'll need to sign in or create an account to connect with an expert.
In the Minnesota tax return, cycle through the state tax return questions.
At the screen Underpayment Penalty, click Continue.
At the screen Penalty it says:
“We computed a penalty for underpayment of Minnesota estimated tax. Since you chose to annualize your federal income, would you like to see if annualizing your Minnesota income can reduce your Minnesota penalty?”
Answer No.
I never see a “Penalty” screen.
I see a “Penalty Amount” screen. It says, “Based on your entries, we computed no penalty for underpayment of estimated tax for 2019.”
So there is no place for me to respond as you suggest.
In the Review, it still asks me to fill out the Income Installment Worksheet. The issue persists. Suggestions?
You may have chosen the underpayment option in the federal section under "Other Tax Situations" and then "Additional Tax Payments", then "Underpayment Penalties."
I don't believe there is a way to back out of that, you will have to work through the questions.
I am getting the exact same message! I can't get it to go away.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
thewarning
Level 1
Sam163
New Member
CDB7
Level 1
COBeth
New Member
BillEngr
Returning Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.