2025年2月9日 · Form 2210 is the IRS Form for the reporting and calculation of the penalty for Underpayment of Estimated Tax. You can look at the actual IRS form here. See this TurboTax tips article for more information about Form 2210. For most filers, if your federal tax withholdings and timely payments are not equal to 90% of your current year tax, or 100% of the total tax …

IRS Form 2210 calculates the penalty for underpaying your estimated taxes.We'll automatically generate Form 2210 if your return needs it. Follow these steps if

2025年2月25日 · Here's why: In the background as you prepare your return, TurboTax prepares a Form 2210 to see if you are liable for a 2024 underpayment penalty. As part of those calculations TurboTax uses a figure called "2023 tax liability for 2210 purposes".

2025年2月24日 · Can I fill in Form 2210 to avoid underpayment penalty (4th qtr Roth Conversion and estimated tax payment) even though TurboTax decided I don't need to see the form?

2022年1月21日 · TT estimates that Form 2210 will be available to the PC program on 3/17/22. By checking the BOX, "IRS to figure penalty", the program will bypass trying to calculate any penalty and allow filing the return without waiting for the 2210 to be released. Is there a downside to checking this box? My...

2024年4月13日 · TurboTax evidently believes that you had an underpayment of estimated taxes. You are required by the IRS to not only pay X amount of taxes by the end of the year, but also to have paid them over the course of the year. Form 2210 is used to see if you should pay a penalty or maybe get a waiver.

2019年6月1日 · Form 2210 is IRS form that relates to Underpayment of Estimated taxes. You are not required to complete it since the IRS will figure the penalty, if any, and let you know if you owe anything additionally .

2019年6月7日 · When annualizing withholding you must enter the amounts for all 4 quarters and they must total the actual withholding. Revisit Other Tax Situations -> Additional Tax Payments -> Underpayment penalties, answer Yes when asked if you want to Annualize Withholding, then make the necessary entries or delete all four entries. If any amounts are entered, all four must …

2020年6月18日 · As you may know, the "quarters" on the 2210 are not actually three months each. The default method of handling the withholding is to take the total and divide by four. But in fact, you withhold 3.5 months worth of tax in the first quarter, 2 months worth in the second quarter, 3 months worth in the third quarter, and 3.5 months worth in the fourth quarter. …

2021年3月12日 · I signed up to receive email updates, but haven't received anything. Is there any new information about how to resolve this issue of a Form 2210: Line D Withholding error? Thank you!