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sheilajones1974

Level 1

Question

What is the form 2210 for?

Forum|Forum|4 years ago
January 31, 2022
2 replies
12 views

No text available

TurboTax Deluxe Online

Alumni - Champ

It is for reporting underpayment of estimated tax.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

Level 15

you are required to pay in on a timely basis at least 90% of current year tax or 100% (110% if your prior year AGI is over $150K) of your prior year tax. failure to do so results in a penalty that is computed on form 2210. this is also the form used if you qualify for a waiver.

Mike9241