MaryK4
Employee Tax Expert

Get your taxes done using TurboTax

That is correct, you will not incur the penalty if you paid at least 90% of the tax shown on the return for the taxable year or 100% of the tax shown on the return for the prior year, whichever amount is less. @TJ100

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"