Receiving an error indicating that I have to check the box to have IRS calculate the penalty or await an update from Turbotax.
I want to use the 'Short Method' to calculate the penalty. When will the update be available from Turbo Tax?
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Form 2210 for Underpayment of Estimated Tax is scheduled to be available 2/25/2021.
Click this link for a list of Federal Forms Availability.
This article details How to Avoid Estimated Tax Penalty.
Program error not corrected with the 2/25/21 program updates. Please help!! This is delaying my e-filing.
TurboTax is aware of errors related to calculating underpayment penalties on Form 2210. The problem has been reported and is under investigation. Taxpayers can continue to e-file with the option of deleting the form and allowing the IRS to calculate any underpayment penalty for you.
How do I delete a tax form in the TurboTax CD/Down...
How do I view and delete forms in TurboTax Online?
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