TaxReturnGuide.com Forum Index
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister   ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Problem with Form 2210 in TaxCut 2007 Premier

 
Post new topic   Reply to topic    TaxReturnGuide.com Forum Index -> Taxes - Moderated
Author Message
unclefuzzy



Joined: 14 Jan 2008
Posts: 1

PostPosted: Mon Jan 14, 2008 2:56 am    Post subject: Problem with Form 2210 in TaxCut 2007 Premier Reply with quote

I installed the most recent update for TaxCut 2007 on January 11th and
I noticed what appears to be an error in Form 2210. I checked the box
to use Schedule AI and I put the correct amounts in each column in the
AGI line on that

In Form 2210, the Mini-Worksheet for Part IV (taxes withheld) above
line 18 shows that I had taxes withheld on 3/31, 6/30, 9/30 and 12/31
with the correct amounts in each column. The mini-worksheet just below
that (estimated tax payments) shows the same dates and amounts as in
the prior Mini-Worksheet plus the estimated taxes that I paid on
1/10/2008. All of the dates and amounts are correct.

The problem comes in the mini-worksheet for Line 19.

Line a. (Estimated tax payments) shows the amounts that were withheld
for 4/15/07, 9/15/07 and 1/15/08. There is nothing in the column for
6/30/07. I think that this line should only show the amount of
estimated taxes that I paid on 1/10/2008 since that is the only
estimated tax payment that I made.

Line b. (Withheld taxes) is blank in all columns. I think that it
should show the amounts that were withheld for each quarter.

Line c. (Line a + b) is showing zero for the 6/15/07 column (b).
Because of that error, TaxCut is saying that I owe a penalty.

Am I doing something wrong? If not, how do I notify TaxCut that they
have a problem?

--
>
>
>
>
>
>
>
>
>
>

Archived from group: misc>taxes>moderated
Back to top
View user's profile Send private message
joetaxpayer



Joined: 25 Aug 2007
Posts: 280

PostPosted: Mon Jan 14, 2008 3:48 am    Post subject: Re: Problem with Form 2210 in TaxCut 2007 Premier Reply with quote

unclefuzzy wrote:
>
> Am I doing something wrong? If not, how do I notify TaxCut that they
> have a problem?
>

If you want, you can call their cust support line at
1-888-482-9288 (1-888-4TAXCUT)

Hours of operation:
* Jan. 2, 2008, to April 20, 2008: 7 a.m. to midnight CST Mon.
through Fri. AND 7 a.m. to 8 p.m. CST Sat. and Sun.

I use different tax software, so can't even try to view the problem, but
I'd also suggest you look for further updates, in general they are
issued right til early April.
JOE

--
>
>
>
>
>
>
>
>
>
>
Back to top
View user's profile Send private message
ed



Joined: 25 Aug 2007
Posts: 95

PostPosted: Tue Jan 15, 2008 4:43 am    Post subject: Re: Problem with Form 2210 in TaxCut 2007 Premier Reply with quote

On Jan 13, 9:48 pm, joetaxpayer wrote:
> unclefuzzy wrote:
>
> > Am I doing something wrong? If not, how do I notify TaxCut that they
> > have a problem?
>
> If you want, you can call their cust support line at
> 1-888-482-9288 (1-888-4TAXCUT)
>
> Hours of operation:
>          * Jan. 2, 2008, to April 20, 2008: 7 a.m. to midnight CST Mon.
> through Fri. AND 7 a.m. to 8 p.m. CST Sat. and Sun.
>
> I use different tax software, so can't even try to view the problem, but
> I'd also suggest you look for further updates, in general they are
> issued right til early April.
> JOE
>
> --
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >

I presume you're not doing anything wrong,but who knows? GIGO.
However, I suggest you go to www.irs.gov and fill in their 2210 AI
worksheets yourself. Print it out and attach it to your return as
proof that you didn't need to pay the installment until the last
quarter. Your return is not dependant on this form so it's O.K. to
attached it to TC's return.

ed

--
>
>
>
>
>
>
>
>
>
>
Back to top
View user's profile Send private message
shantouchen



Joined: 16 Feb 2008
Posts: 1

PostPosted: Sat Feb 16, 2008 5:06 pm    Post subject: Re: Problem with Form 2210 in TaxCut 2007 Premier Reply with quote

On Jan 13, 9:56 pm, unclefuzzy wrote:
> I installed the most recent update for TaxCut 2007 on January 11th and
> I noticed what appears to be an error in Form 2210. I checked the box
> to use Schedule AI and I put the correct amounts in each column in the
> AGI line on that
>
> In Form 2210, the Mini-Worksheet for Part IV (taxes withheld) above
> line 18 shows that I had taxes withheld on 3/31, 6/30, 9/30 and 12/31
> with the correct amounts in each column. The mini-worksheet just below
> that (estimated tax payments) shows the same dates and amounts as in
> the prior Mini-Worksheet plus the estimated taxes that I paid on
> 1/10/2008. All of the dates and amounts are correct.
>
> The problem comes in the mini-worksheet for Line 19.
>
> Line a. (Estimated tax payments) shows the amounts that were withheld
> for 4/15/07, 9/15/07 and 1/15/08. There is nothing in the column for
> 6/30/07. I think that this line should only show the amount of
> estimated taxes that I paid on 1/10/2008 since that is the only
> estimated tax payment that I made.
>
> Line b. (Withheld taxes) is blank in all columns. I think that it
> should show the amounts that were withheld for each quarter.
>
> Line c. (Line a + b) is showing zero for the 6/15/07 column (b).
> Because of that error, TaxCut is saying that I owe a penalty.
>
> Am I doing something wrong? If not, how do I notify TaxCut that they
> have a problem?
>
> --

I think somthing you did is wrong.

First of all, you selected that you want to "treat taxes as paid when
withheld" and then, you proceeded to enter amounts and dates AND after
that you selected to "use annualized income installment method".

--
>
>
>
>
>
>
>
>
>
>

Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    TaxReturnGuide.com Forum Index -> Taxes - Moderated All times are GMT
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group