Get your taxes done using TurboTax

There will be no federal penalties for not paying in enough taxes during the year if federal withholding and

  1. timely estimated tax payments equal or exceed 90% of your 2022 tax or
  2. timely estimated tax payments equal or exceed 100% of your 2021 tax (110% if your 2021 adjusted gross income was more than $150K) or
  3. the balance due after subtracting federal taxes withheld from 90% of your 2022 tax is less than $1,000 or
  4. your total federal taxes are less than $1,000