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Showing estimated tax penalty in error
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its possible if taxpayer underpaid or missed an estimated tax payment.
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"Showing estimated tax penalty in error"
Are you really sure? Providing some numbers might help.
Slava Ukraini!
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Just be aware that the form 2210 is not ready for filing (efile or paper) yet, and yes there are computation errors on it. At this point when I open one it says ready 2-17, so we will see. If you look at part III you will see that it still has payment due dates of 2020 rather than 2021.
Probably want to wait a few days and see if it does get updated this week.
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There can still be a penalty if you did not pay sufficient estimates in a timely manner...
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"if you did not pay sufficient estimates in a timely manner"
Or if enough withholding wasn't paid in.
Slava Ukraini!
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Iron Man that may be the solution there if the estimate dates aren't fixed , , I.E. we can have the clients increase their withholding, if possible,, instead of giving them estimates...