Filing your 2018 tax return? How's it going?

Filing your 2018 tax return? How's it going?
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#128

Was about the same acceptance delay for me. State tax acceptance took a day but federal was very quick.


#129

Received my last 1099 tonight and just filed. Accepted in 20 minutes.


#130

Currently stuck waiting on a bug fix from TT Online because it’s incorrectly trying to file form 2210 (Underpayment Penalty) when we’re getting a refund back and made estimated payments to cover each quarter’s liability. There is no penalty when you calculate it, in other words and IRS doesn’t require it to be filed in that case. They apparently fixed it in Desktop yesterday.

Our return was rejected for e-file because of this. Anyone else seeing this, here’s the thread:

https://ttlc.intuit.com/questions/4606502-form-2210-showing-up-as-an-error-when-i-m-owed-a-refund-due-to-part-ii-box-a


#131

I haven’t used TT in 3 years but it used to try to file 2210 unnecessarily for me also. There was an option back then to either have TT figure the penalty or let the IRS do it. I chose the IRS option with no problems.


#132

I encountered the From 2210 issue when I tried to file early Saturday morning. I overrode the “request a waiver” box and unchecked it, which worked. The “let IRS do it” box did not help.

The current fix is still WRONG. I have overpayment for each quarter, but the program would still generate Form 2210 for the waiver. You still have to override the “request a waiver” box and uncheck it if you want to suppress that form.


#133

Just because there’s no penalty doesn’t mean the IRS doesn’t require the form. You don’t need to file the form only if none of the reasons listed in Part II apply. I think the bug is the automatic waiver request, so you may be required to file the form even if they fix this bug.


#134

7 calendar days from Federal return accepted to refund in my checking account. Fastest ever for me I think.


#135

Still waiting for my K1 from an investment club. I had decent return from this over the years but as I’m getting older I wonder if the hassle is worth it. Even though K-1 is getting more common due to popularity of ETF structured as partnership tax software still seems to have treat it as some exotic item.


#136

Well yeah, none of the parts WOULD apply if there is no penalty (for most folks). As you said the bug is that TT is going for the waiver instead of checking to see if the penalty is zero first.

Anyway I got around the issue simply by overriding my 2017 tax liability to zero, then the form is not generated by TT. That’s the only way to workaround it (that I saw) with the online version.


#137

[quote=“ZenNuts, post:135, topic:3204”]
I had decent return from this over the years but as I’m getting older I wonder if the hassle is worth it.[/quote]

Same here; I was making decent returns, but realized that I could also make decent returns on something else. Haven’t had to deal with a K1 for some years now.