Form 2210 Line 8, Where to input?

LWarner
LWarner Member Posts: 3 Newcomer
edited December 7 in Filing my taxes

When doing form 2210 (Underpayment of Estimated Tax by Individuals, Estates, and Trusts), the prior year's tax (line 8) is blank. How do I enter the prior year's tax paid so the form will calculate correctly?

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  • PhillipB
    PhillipB FreeTaxUSA Team Posts: 69

    Hello,

    If the amount calculated for line 8, Part I of Form 2210 is blank, this means that the software calculated that there was no maximum required annual payment based on the information in our system for prior year tax. You can review the information the software used to make the calculation by following these steps:

    1.) Menu Path: Misc > Underpayment Penalty (Form 2210) > Click the continue buttons until you get the screen labeled "Let's get some info from your 2022 tax return"

    2.) With the 2022 return handy (or the 2023 return if you are working on 2024) review the entries on the screen with the items on the prior year return. If there is anything that needs to be corrected, do so and that may adjust the amount on line 8 of Part I for Form 2210.

    Let us know if there are additional questions or concerns.

    Thanks,

    PhillipB TaxPro Agent, FreeTaxUSA

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