You calculate a tax underpayment penalty of $2 but my 2019 tax was $9400 and I paid estimated tax of $10,000?

[chronesp001]

What good is this box if you do not correct your program?

[SteamTrain]

An underpayment penalty is quite common...even with getting a refund.

This can happen if you made any separate quarterly "Estimated" tax payments during the year, especially if only  done after the 1st quarter.

There is a way to reduce or eliminate it, by going thru "annualized Income" calculations on the form 2210AI  (On the "Other Tax Situations" page....but the massive set of details you need to gather together to do that would take hours to accomplish...for $2 ?  Don't bother

[chronesp001]

How do I upgrade my 2019 CD to 2020?

Live live is the pits!

[SteamTrain]

You can't...every tax year is separate....you have to buy a new  CD or a download every year.  The yearly changes to the tax laws are virtually impossible to deal with in the software package...and the 2020 changes are a nightmare and not even finished yet.

(LIVE is useless for 2019 taxes now anyhow....only 2020 taxes can be done Online now)

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2020 desktop downloads can be bought here :

TurboTax® 2020-2021 CD/Download Tax Software, Compare Desktop Tax Preparation (intuit.com)