Foreign taxable income not included in W-2

[kaz0101]

I got a distribution of my pension funds in a foreign country (which is treated as Other Income here) last year and this year which were not taxed in the foreign country and not included in my W-2.  For the income tax filing for last year, I was penalized because I had not paid the extra income tax in U.S. due to the distribution.

Shall I pay the estimated extra income tax before the end of this year?  If yes, how? 

[John-H2021 · Accepted solution]

Hello,

In order to not get a penalty you should make estimated payments.

Here is a good article on how and when you should make estimated payments.

https://turbotax.intuit.com/tax-tips/small-business-taxes/estimated-taxes-how-to-determine-what-to-p...

You can go online and make the estimated payment https://www.irs.gov/payments

[kaz0101]

Thank you!