TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

Question

Total income stuck at zero when using annualized income method to avoid underpayment penalty.

Forum|Forum|1 year ago
February 28, 2025
1 reply
0 views

I went through the section once successfully but when I went back to make correction my total income is stuck at "zero" in Annualized Adjusted Gross Income section. I tried reloading and it didn't help. Specifically, the last row is as follows: 1/1/2024 to 12/31/2024 zero

Use Form 2210 to determine the amount of underpaid estimated tax and resulting penalties as well as for requesting a waiver of the penalties.

At the screen Annualized Adjusted Gross Income, the dollars reported for the period of 1/1 to 12/31 will be added by the software and will equal the income reported on the Federal 1040 income tax return.

You are able to view the annualized income on page three of IRS form 2210 Underpayment of Estimated Tax.

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