The way to tackle this dilemma is to file IRS Form 2210 and Schedule AI, which tells the IRS in what quarters income was ...

IRS Form 2210 helps taxpayers determine if they owe a penalty, often calculated automatically by most tax software. To avoid penalties, ensure withholdings and estimated taxes meet the required ...

To claim the 80% waiver, you must complete IRS Form 2210 and file page 1 of the form with your 2018 tax return. The form can be filed with a return filed electronically or on paper. You’ll need ...

If you're one of the millions of people in the U.S. who sends quarterly estimated income taxes to the IRS, you already know that doing it right requires dedication and organization. In contrast to ...

The IRS guidance finally arrived in a long memo ... My advice would be, on that Form 2210, there's a box where you can check to say, "I request that you waive this penalty for reasonable cause." ...