carolineb
Employee Tax Expert

Get your taxes done using TurboTax

Nice investment! According to the IRS, you can still avoid any underpayment penalty by paying in 100% of your prior year liability: Underpayment of Estimated Tax by Individuals Penalty As long as you pay the balance due by April 15 of 2023, there should be no additional penalty. You may want to check the state regulations regarding state penalties based on your state of residency. 

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