Skip to main content
July 12, 2020
Question

TT says I have a 2018 tax liability for 2210 purposes. Will I have to pay taxes on this n my 2019 return? I shouldn't have any extra liability as far as I know.

  • July 12, 2020
  • 1 reply
  • 0 views
I believe it is related to an "underpayment penalty which is also a mystery.

1 reply

SusanY1
July 12, 2020

The tax liability in 2018 isn't added to your tax return for 2019, but it is used in the calculation that determines your 2210 underpayment penalty.  This is a penalty for not paying enough tax throughout 2019 to meet your 2019 tax obligations. 

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"