Below, you'll find answers to frequently asked questions about Form 2210, Underpayment of Estimated Tax by Individuals and Estates and Trusts.
Table of contents:
‣ Why does Form 2210 print when it's not required? |
‣ Where do I enter other payments and refundable credits? |
‣ How do I generate Form 2210F? |
Why does Form 2210 print when it's not required?
When an underpayment penalty applies, but Form 2210 isn't required, the program will generate the 2210 Worksheets to figure the penalty amount so that you can include it in the balance due on the return.
Where do I enter other payments and refundable credits?
The program will automatically carry the payments and refundable credits from the tax return to Form 2210. Only the payments and credits specified in the IRS Instructions for Form 2210 will flow to this line.
How do I generate Form 2210F?
- Go to Input Return ⮕ Payments, Penalties & Extensions ⮕ Penalties & Interest.
- Scroll down to the Underpayment Penalty (2210) section.
- Enter the 2021 adjusted gross income.
- Enter the 2021 tax liability (-1=none).
- Enter a 1 in 1=Form 2210-F.
If the 2210-F isn’t generating based on your tax liability, choose option 3 to force in the Form 2210 options field.