392505
Why did Turbo Tax add the penalty anyway to the tax due? I deleted form 2210.
You'll need to sign in or create an account to connect with an expert.
TurboTax added the underpayment penalty because the due date to file the return is also the due date to pay any taxes due.
However, when you go through the Underpayment Penalty information, you will come to a screen titled "Let the IRS Bill Me Later". On that page you can click on the button "Let the IRS Bill Me Later" and this will prevent the penalty from being added to the return. (See the screenshot below)
Because Intuit is such a bum. They are either scared of lawsuits or don't have the balls
The option is available for individuals who want to go ahead and pay the penalty. You can make the selection during the interview phase to have the IRS figure the penalty for you, and Form 2210 will not be included. Follow these steps:
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Viking99
Level 2
cj5
Level 2
sonny.angeles
New Member
HOTLNC
New Member
N7777
New Member