The checkbox at the top of Form 2210 must be selected if you would like the IRS to compute any applicable penalty and send you a bill. To select this option in your TaxAct® return:
Note. If any box is checked on the Underpayment Penalty - Prior Year Tax or Underpayment Penalty - Reasons for Filing screens, you will not be taken to the Underpayment Penalty - IRS screen.
Note. The IRS will only send a bill if they determine it is applicable to the situation.