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Penalty Charges

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Level 1

I am getting FED and CA penalty for not paying 90% of taxes upfront. Client says TurboTax does not charge. He says TurboTax tech supports said if enter prior years tax liability and amount paid, penalty will disappear. Need help!

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Level 12

"Client says TurboTax does not charge."

That's true; it's the IRS that charges  🙂

"He says TurboTax tech supports said if enter prior years tax liability and amount paid, penalty will disappear."

That's trying to apply the Safe Harbor rule. Does it apply or not?

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"Level Up" is a gaming function, not a real life function.

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4 Replies 4
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Level 15
Level 15

Just because TurboTax does not do something, doesnt mean its right.

Open the 2210 and see if you can find a way to remove the penalty.    


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Level 7

Follow the instructions!  Look at 2018 tax return (line 15).  On Form 2210 worksheet enter this amount as prior year tax.  

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Level 1

Yes, that was it! I figured it out. Thank you for the response.

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Highlighted
Level 12

"Client says TurboTax does not charge."

That's true; it's the IRS that charges  🙂

"He says TurboTax tech supports said if enter prior years tax liability and amount paid, penalty will disappear."

That's trying to apply the Safe Harbor rule. Does it apply or not?

*******************************
"Level Up" is a gaming function, not a real life function.

View solution in original post

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