Form 2210 for year 2022

[kenneth16]

Hi.  Part 1 line 6 form 2210 is indicating the incorrect amount of withheld taxes so that I get an error message if I check part II section D that the withholding amount of all 4 columns does not equal line 6 part I.    When I click on line 6 to see where the figure came from it takes me to the form which has a different number on it.  

Line 6 part 1 indicates a higher amount than the addition of all withholdings by about 5000.  I cannot find the source of the problem.  Thanks.  kenneth 16.

[dmertz]

Examine Form 1040 lines 25a, 25b and 25c.  Does line 25c show the amount in question?

[kenneth16]

Thank you.  Line 25 c is empty.  Lines 25a and 25b show the correct amount of withholding. 25 a and 25 b doe not equal the amount on line 6 part 1 of 2210.  Ken

[dmertz]

That's strange.  It's hard to imagine how the amount on line 6 of Form 2210 is not the same as the amount on line 25d of Form 1040 unless you've applied an override.  If you are using the CD/download version of TurboTax, I suggest copying the tax file to another were you can experiment by removing various items of income to see what it takes to eliminate the discrepancy.

[Critter-3]

The 2210 will not be functional until 1/26 ... return after that date ...

https://form-status.app.intuit.com/tax-forms-availability/formsavailability?albRedirect=true&product...

[kenneth16]

Thanks.  I have found the problem but need a workaround.

On 1040 line 25d (25a + 25b) indicates the correct withholding.  25c is blank.  

Form 2210 line 6 indicates a higher amount than 25d.  In my situation the difference is the amount of excess social security withheld.  I checked box D in Part II and entered the withholding in the tax withheld smart worksheet.  The instructions indicate that the amount withheld must equal the amount in line 25d listed on form 1040.  The Turbotax error states that the amount withheld must equal line 6 of form 2210.  Turbotax prevents filing with this error or an override of line 6 on form 2210.  When I use the box D calculation my penalty is eliminated.  I do not want the IRS to figure the penalty because they will not do it using annualized income or part II box D information.

I could add the excess social security withheld to line 25c and then in the part II withholding smart sheet allocate the excess social security payment to the quarters in which it has occurred.

It seems that Turbotax is not checking the withholding against line 25d on form 1040 but is checking it against line 6 of form 2210 which for whatever reason contains my excess social security payment.  Interestingly I purchased h and r software that also on line 6 of form 2210 includes the excess social security payment but accepts the part D tax withholding and does not return an error.  Any help you or Turbotax can provide would be appreciated.  Than

[dmertz]

I'm not sure how TurboTax handles it, but excess Social Security tax withheld (due to having more than one employer) is to be treated the same as tax withholding [Edit: not as estimated tax payments as I had previously said] with 1/4 of the amount applied to each quarter on Form 2210 line 11 (unless you choose to treat withholding as paid when actually withheld).

[kenneth16]

Thanks.  I added 1/4 of the excess soc security to each quarter in the part II D worksheet where it asks for withholding by the quarter.  The total amount now equals the line 6 amount on 221o but greater than the amount on line 25D of 1040.  No error is reported.  I retired on June 30 of 2022 so I have no income tax withheld after that time.  The penalty for underpayment is 0 checking part II box 2.  With checking part II box C (AI) I still get a penalty of about 180.  So checking part II box D is advantageous here.  

The instructions for line 6 of 2210 indicate that excess soc security payments are to be included.  The only workaround for my problem was to add the social security excess to the box D withholding worksheet.  It does not matter whether you spread it out quarterly or between January and June.  The penalty is still zero.

Any comments on whether this was the correct workaround would be appreciated.  Thanks.

[DianeW777]

Adding the excess social security withholding was the right move.  It is considered as withholding just like your federal withholding from your wages.  If that has reduced your penalty to zero, because your total withholding reduces your overall tax balance due, then you can file your return without concern.  Your actions accomplished what it should to include that excess as part of your withholding.  Federal withholding (includes your excess FICA) is  considered to be paid evenly throughout the year always.