turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

SO1SO2
New Member

Why do I owe state estimated when I'm getting a refund

I've never had to pay Oregon estimated. On this amended return I'm getting a refund. On the unamended return I owed. 

 

there is a form OR-10 stating that I owe a large estimated tax amount and TurboTax attached and Annualized Income worksheet that makes no sense. 

 

How do I resolve this?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
MaryK4
Expert Alumni

Why do I owe state estimated when I'm getting a refund

For Oregon. underpayment interest is charged if your tax after all credits and withholding is $1,000 or more and you don’t qualify for an exception. 
 

Note: You could be charged interest on underpayment of estimated tax even if you are getting a refund. 

 

TurboTax uses the Annualized Income Worksheet to determine if the exception applies.


 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question